Top 10 Goldman Sachs received $49 million from outside investments
Goldman Sachs executives had other sources of income beyond their reduced company compensation, with the top 10 at the firm earning $49.96 million from other investments, Bloomberg reports.
Chief executive Lloyd Blankfein earned $1.1 million in total company compensation, but earned $11.3 million from investments in hedge funds and private equity funds, a company regulatory filing showed. In 2007, Blankfein earned a $67.9 million bonus.
Co-President Gary Cohn earned $3.7 million in pay and $7.4 million in fund profit.
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