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Lloyd Blankfein Might Make Goldman Sachs Employees Happy At Bonus Time This Year Or He Might Not

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LB says we'll just have to wait and see!

Speaking to investors at the Bank of America Merrill Lynch Banking and Financial Services Conference...Blankfein said future guidelines over such [compensation are "still an evolving picture," adding that the firm has averaged a compensation expense that was under 50% of its net revenue.

Also an evolving picture: whether Gary Cohn will distribute bonuses by driving a dump truck onto the middle of the trading floor or go with the gun they use to shoot tee-shirts out of at sporting events. Goldman Sachs CEO: Co. Will Return Capital To Shareholders 'Where Appropriate' [Dow Jones]