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Friday, April 1, 2011

Goldman Gives Blankfein a $5.4 Million Cash Bonus; $19 Million in Compensation for 2010

Lloyd C. Blankfein, the chief executive of Goldman Sachs, received $19 million in compensation for 2010, including his first cash bonus since the 2008 financial crisis, according to a regulatory filing from the firm late Friday.

His 2010 payday includes a $5.4 million cash bonus and other previously reported awards including $12.6 million in restricted stock, $600,000 salary and $464,067 in other benefits. Mr. Blankfein received $9.8 million a year earlier; all but $800,000 of that amount came in restricted stock.

Regulatory filings also show that Mr. Blankfein received an additional $27.2 million in 2010 from investments he has in funds managed by Goldman.

Mr. Blanfkein was one of at least five senior Goldman executives, including the firm’s president, Gary D. Cohn, to receive a $5.4 million cash bonus.

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