Goldman Sachs Upper Management is not Taking Bonuses
Goldman Sachs Group Inc. has announced that its seven top executives will forego their bonuses for 2008. How refreshing after the half million dollar spa session enjoyed by AIG executives after their government bail out. Because Goldman Sachs is one of the most prestigious firms in the world, I hope to see others follow their lead in an effort to morally fix the financial crisis.
Bravo Goldman Sachs! Bravo!