US Politics | January 20, 2010 | 1 comment

Goldman Sachs likely to pay out $20bn in salary and bonuses

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Remuneration for Wall Street bankers set to exceed $65bn-
US investment bank Goldman Sachs is expected to reveal a pay and bonus pot of $20bn (£12.3bn) for 2009 tomorrow, reigniting the row over City pay and taking the total amount being paid out by Wall Street financiers to more than $65bn.

Goldman has made sure to report after its rivals in an attempt to deflect public attention from its profits and bonuses, which are forecast to top more than $600,000 per person on average.
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