Pulses on Wall Street were set racing as staff at Goldman Sachs prepared for a record bonus payout after the US investment bank posted second quarter earnings of $3.44bn (£2.1 bn) last month, saying it is setting aside $6.65bn for compensation and benefit expenses (bonuses to you and me). That's an average of $900,000 for its 29,400 staff.rnGoldmans' second-quarter earnings, which amounted to $38m per day, were up 65% on 2008 and confirmed the US bank's status as one of the stand-out winners from the credit crunch.rnIn June, Goldmans paid back the $10bn it received from the US government's Troubled Asset Relief Programme and its recent report has indicated a possible sign of economic recovery by stating that revenue in its trading and principal investments division has leapt by 93% to $10.78bn - a much higher figure than for the second quarter of 2008.
展开▼
