GO
Loading...

Enter multiple symbols separated by commas

Goldman Sachs Has Considered Moving Up Bonus Payouts

In a break from recent practice, Goldman Sachs has considered paying out 2010 compensation before the end of the year, rather than early next year, according to people familiar with the matter.

Bankers Bonus
iStockphoto
Bankers Bonus

That move, if Goldman were to make it, would be one way to combat the uncertainty hanging over income tax rates in 2011 and beyond by allowing employees to take advantage of the current tax rates. But an early payout could also be perceived by critics of the firm as a way to enrich Goldman employees by gaming the system.

A Goldman spokesman declined to comment on the firm’s compensation plans.

Historically, say people close to the firm, Goldman at times paid out year-end bonuses before December 31, partly in order to help employees take advantage of more favorable tax rates. » Read More

Wall Street

  • Robert Shiller

    Nobel Prize-winning economist Robert Shiller says that his key valuation indicator is flashing warning signs.

  • Lael Brainard

    The Fed is in the early stages of an analysis on changes in bond market liquidity, amid signs that liquidity may be less resilient than in past.

  • Bill Gross

    Janus Capital acquired a majority interest in Kapstream Capital and said Kapstream's Palghat will support Bill Gross as co-portfolio manager of the Janus Global Unconstrained Bond strategy.