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Bonus Watch: Goldman Bonuses Tilting Toward Traders?

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We just had lunch with a relatively senior Goldman guy. Not managing committee but possibly heading in that direction. The word from him was that dozens of senior Goldman people would be getting enormous bonuses this year, but that traders were definitely "over-represented" in this class. He said this wasn't surprising anyone. Goldman's trading operations were also "over-represented" when it came to profitability this year. But there was still expected to be grumbling by those who fear that the Lloyd Blankfein--the new head of Goldman who came up through the firm's trading side--leadership team was biased in favor of the traders and against the investment bankers.
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