November 11, 2007 -- While most top dogs at big Wall Street firms could see their bonuses shrink by 20 percent or more this year, Goldman Sachs honcho Lloyd Blankfein stands to collect a jackpot of at least $75 million in cash and stock, according to sources inside the firm. Blankfein's giant pay package, which would be about $20 million more than he got last year, comes as Goldman seems to have weathered the credit storm that rocked rivals Merrill Lynch and Bear Stearns. Goldman's bonuses were calculated last month at the height of the subprime mortgage meltdown but traders and bankers won't get any word on their annual perks until mid-December, insiders said. Goldman's co-presidents Gary Cohn and Jon Winkelreid could also see their bonuses top $70 million each, sources said. They both got about $50 million last year. Despite steep losses at several of Goldman's in-house hedge funds, the firm will likely still manage to post a 25 percent profit gain this year and has yet to take the giant write-downs that have plagued rival firms. As of Friday, Goldman shares were up about 6 percent for the year, compared with other Wall Street firms, which are nearly all down over 30 percent. "At a time when some of its competitors look to lay off employees, find and punish the managers responsible for mishaps, and retreat from risk-taking gone bad, Goldman continues to look for the next opportunity to effectively allocate its capital," Deutsche Bank analyst Mike Mayo said in a report last month. In late June, Blankfein correctly predicted the current problems in the credit markets. "We are in a high state of nervousness," he said at a June 27 conference sponsored by The Wall Street Journal. "We certainly are organizing ourselves like the market is undervaluing risk." He then pinpointed the cause for all his skittishness. "The biggest risk we face would be a very big crisis in the credit markets," Blankfein said. A "sentiment shift," "could unravel very quickly" the vast wealth that has been created by the boom. http://www.nypost.com/seven/11112007/business/goldman_ceo_in_line_for_75m_bonus_460668.htm There is a new bonus dimension been born called "BLANKFEIN-ism BONUS"