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


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]