Jul 2, 2009 10:47 AM
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New York, 12:04 AM
Sat Mar 20
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There is good economic news to report, after all! But only if you work at Goldman Sachs (and maybe Morgan Stanley): "Based on analysts' earnings forecasts for 2009, Goldman Sachs Group Inc. is on track to pay out as much as $20 billion this year, or about $700,000 per employee. That would be nearly double the firm's $363,000 average last year, and slightly higher than the $661,000 for the average Goldman employee in fiscal 2007." Now we just have to hope every Goldman employee blows his or her bonus buying a new apartment and the real estate market will be booming again in no time. [WSJ]
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