Goldman Sachs Group Inc
Blankfein received $18.7 million in distributions from investment funds open to executives and employees of the firm, according to a regulatory filing on Friday.
Goldman Chief Operating Officer Gary Cohn received $15.1 million, Chief Financial Officer David Viniar $11.5 million, and former President and Chief Operating Officer Jon Winkelried $9.8 million, the filing said.
The distributions came to $55.1 million, more than double the $24.2 million total in 2008 when $9.6 million went to Blankfein, $6.3 million to Cohn, $5.1 million to Viniar and $3.2 million to Winkelried. The executives did not receive bonuses in 2008.
A Goldman spokesman declined to comment, but noted that the distributions were not compensation from the firm.
The dominant Wall Street firm said in a regulatory filing last month that it would pay Blankfein and other top executives all-stock bonuses valued at $8.9 million for 2009, when Goldman posted a record annual profit.
The stock bonuses were considered restrained for Goldman, which faced sharp public criticism for employee payouts after the U.S. government bailed out banks reeling from the 2008 crisis. Goldman also curbed compensation at the end of 2009, causing the firm to fall well shy of the $20 billion it paid out in 2007.
But according to the regulatory filing, Goldman's top executives were able to make up for the disappointing bonuses with millions of dollars in distributions from the internal investment funds.
The funds managed by Goldman Sachs are available to clients, and certain executives and other employees. The funds invest in private equity, venture capital and other assets.
On Friday, Goldman also said former Wal-Mart Stores Inc
(Reporting by Jonathan Spicer, Matt Goldstein and Steve Eder; Editing by Tim Dobbyn and Richard Chang)