Goldman CEO's Bonus: $9M, No Cash

Goldman Sachs Chairman and CEO Lloyd Blankfein was awarded a bonus of $9 million worth of stock and no cash for 2009, according to a Securities and Exchange Commission filing late Friday.
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TheStreet

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Goldman Sachs

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Chairman and CEO Lloyd Blankfein was awarded a bonus of $9 million worth of stock and no cash for 2009, according to a

Securities and Exchange Commission

filing late Friday.

The number was clearly intended to demonstrate a degree of restraint, as Goldman has been under fire for paying executives handsomely while U.S. unemployment is near 10%.

Goldman's earnings of $22.13 per share were just shy of the $24.73 it earned in 2007, when Blankfein was paid $67 million. In 2008, when Goldman earned $4.47 per share, Blankfein earned no bonus.

>>See SEC Filing Detailing Lloyd Blankfein's Bonus

JPMorgan Chase

(JPM) - Get Report

boss

Jamie Dimon

earned $17 million in stock, the bank disclosed Friday, after the bank earned $2.26 per share in 2009.

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Written by Dan Freed in New York

.