Goldman Sachs chief executive officer Lloyd Blankfein is likely to pick up a bonus of around $40 million for his work in 2009, it has been predicted.
Alan Johnson, a Wall Street compensation consultant, forecast to Reuters that Mr Blankfein would accept a pay package in this region –which will be a considerable drop on the $67.9 million payout he received for 2007.
Mr Johnson said that Goldman Sachs was highly likely to react to continuing criticism of its remuneration levels by reducing the size of Mr Blankfein's 2009 bonus.
"They have made a number of moves to try to ameliorate the issues," he said.
"I would be shocked if it didn't have an impact on his and everybody else's total."
Last month, Goldman Sachs announced that it was paying out $16.2 billion to staff for their work last year – the lowest ratio when compared to revenue since the financial institution went public in 1999.
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