(Gold Man)

Weinberg, Neil
January 2007
Forbes Asia;1/29/2007, Vol. 3 Issue 2, p42
This article highlights the record-setting performance of investment bank Goldman Sachs and the challenges facing its new chief executive officer Lloyd Blankfein. The firm hit $9.5 billion in net income in 2006 -- even as it paid out an astonishing $16.5 billion in salaries to the faithful, most of it in year-end bonuses. Goldman's earnings set an all-time high for investment banks in 2005--then grew 76% last year to set a new record. The company must fuel growth in Asia to avoid blowup.


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