Goldman Sachs Spends 30 Times More On Compensation Than On Small Business Loan Project

Posted by Trish Riley, January 22, 2010

Goldman plans to dole out some $16.2 billion in compensation, an average of roughly half a million dollars per employee. He compared that to the firm's new 10,000 Small Businesses project — which he called a laudable idea.

But the firm only put $500 million into that project, about three percent of what it plans to lay out for compensation and about two percent of what it received in taxpayer assistance.

via Goldman Sachs Spends 30 Times More On Compensation Than On Small Business Loan Project.

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