Goldman CEO gives up 2008 bonus

Just thought of a third unlimited trait.

Arrogance!

These horses ---- just won the triple crown.

I wish we all could vote for whether we get pay raises and bonuses and for how much.

Why do I think this will be some sort of creative tax write-off and they will get paid one way or another?

Is this a joke, some kind of PR move?  There's several things wrong with this article.  The fact that they "made the decision themselves" will keep me laughing all day long, along with the fact that the ceo made $54 million in 2007.  This article is supposed to us feel sorry for these thugs and now they are the hero because they "voluntarily" gave up their bonuses?  Please, what a joke they are to society. 

You people need to read up on the illegal Federal Reserve Bank, of which Goldman/Sachs is a part of, of which your congressmen and representatives get their big pays and perks from (on the take and on the payroll) not your tax dollars, your tax dollars is paying the interest on illegal federal reserve notes in circulation, being borrowed by the trillions by congress and then shipped off to foreign countries, while we pick up the interest in IRS payments.  Until the Federal Reserve Bank is put out of business and the United States prints its own money as is legally called for in executive order 11110 (which says the US Treasury is banned from borrowing funds from the illegal Federal Reserve Bank , a privately owned bank) and the US Treasurey is to print it's own money backed by silver in the US vaults and this is to be used by the US as it's legal currancy, not the worthless, federal reserve notes issued by the Federal Reserve Bank with no value, but collecting lots of income tax dollars illegally from the US public in interest payments for these worthless federal note loans.  Get on the news medias which are also controlled by Federal Reserve Bank owners, your representatives, who are controlled by the Federal Reserve Bank owners, Lehman brothers/ Goldman Sachs/JP Morgan,Chase/  To name a few.  Why do you suppose these companies got first piece of the bailout borrowed?  Because they are the "Federal Reserve Bank" and what better way to make money than to loan it, be given it back and it's still owed and till it's officially paid back you can collect big interest bucks on your own illegally printed and circulated money.  Check it out people before they own the world and all the soles in it.  These people need to be put out of business, don't borrow, don't spend, don't use credit cards, don't charge your car, save and pay cash with their own illegal federal reserve notes, its only one way to beat them down.   You are going to wake up homeless, pensionless, slaves to the rich wondering what hit the good old USA.  CHECK OUT AND GET RID OF THE FEDERAL RESERVE BANK, INSIST YOUR SO CALLED SELF INDULGING REPRESENTATIVE WHO WAS PUT IN OFFICE NOT BY YOUR VOTE, BUT BY CHOICE OF THE FEDERAL RESERVE BANK OWNERS, WHY DO YOU THINK THEY DID NOT LISTEN TO YOUR CRY TO NOT BORROW THE 700 BILLION BALE OUT MONEY?  THEY HAD TO LISTEN TO THEIR TRUE MASTERS, THE FEDERAL RESERVE BANK WHO BOUGHT THEM THEIR SEATS IN CONGRESS.   Everyone of these people who now hold office should be impeached and prosecuted for their parts in this worldwide conspiracy.  For those of you who think this is exageration?  Give them a few more months, and when you wake up one morning, don't bother to ask what happened, you've been warned.

Not taking a bonus is a step in the right direction. However, I do wonder just what direction that is. Could it be the CEO can make ends meet on a mere $54M he pulled down last year? After all who can live on a pittance of $600K base salary. Are they going to the use bonus money, now left in the company, to make more bad decisions?

I'm sure that bonus money will go to good use, I just can't think what.

What a freaking sacrifice! Freaking Blankstein,or whatever his face is called,IS  TAKING ONE FOR THE TEAM! What a guy! I`d like to give the dude a free proctology exam,I mean think about what Banker BILYUN BUCKS is giving up folks.No fifty four million dollar bonus this year for our little banker buddy...nope...he is cutting back and cutting loose.You,little banker buddy,are an inspiration to behold,a beacon of light in dark times,a shining example of Corporate America`s undeniable selfless atruism ad nauseam.So go for it,little banker buddy,you may now slither with the best of them.You dah man,baby!

They are lucky to be getting their salaries. I can not believe they think they are being generous by not taking a bonus.

Poor guys!  (I write sarcastically.)  Should they really be patting themselves on the back for not taking bonuses this year?  They still make outragious salaries.  Pretty sure they won't be putting toys on layaway at KMart this year.

Ok, how can you not live off of $54 million dollars for 3 years? They are going to wave their bonuses this year! Whew, Pocket Change!

Being a psychiatric nurse for 35 years, in the "public sector", trying to help schizophrenics, and other seriously mentally ill people on the streets/clinics/jails I have heard of the concept of a "bonus".  Guess I chose the wrong profession and the wrong conduit (public sector) to get any of that good money.  A hardy clap on the back to these executives to forego their bonuses.  Hip hip hooooooray.  And I earnestly hope that the economy turns around so they don't have to skip another.  I sure don't want to lose more sleep over their income.

Yeah right;  "because it's the right thing to do" as a reason for foregoing their bonuses is laughable at best. That has nothing to do with it, these CEO's are not taking bonuses because "CEO BONUSES" are SO widely publicized and criticized right now, they are foregoing them in the hopes of avoiding the inevitable media lynching they'll get if they do take them. How gullible do you think we all are you arrogant suits? Run the companies into the ground out of your greed and ambition and lack of respect for your fellow human beings and now you wanna stand up on the pulpit and look like you are making some kind of sacrifice. Shut up, and shame on you.

Leave it to the news to make this crooks looks like saints.

MSNBC title should've started:  after receiving bonuses last year of $67million each, GS top chiefs have volunteered to receive no bonuses 

Gee, what a guy!

I wonder how the family will ever get by this Christmas. 

I guess the Christmas Around the World trip will just have to be by commercial plane this year...first class of course.

Oh, how simply Classe Moyenne.

Human nature is greedy. I don't care who you are , if you are offfered a huge salary, more than you need, you will take it.  It is so easy to condemn "Wall Street" when you would do the exact same thing in the same situation.  It is up to us to check this greed, whether through legislation or corporate controls.  During the Reagan years when the free market thinking was popular, regulations were removed, thus ignoring human nature. The eighties were the "me" decade, because anything was OK if you could profit from it. These "Masters of the Universe" have been able to profit from the free for all over the past several decades without supervision.  I would not leave a child alone in a candy store and we should never have allowed investment banks to operate without stronger oversight.  People are all greedy bastards, even you. Even me. To expect otherwise is naive.

Of course this means that they will also pay much less in taxes to federal, state and local governments.  There are two sides to every coin.

So the deficit will be just a little bigger, more that your kids and grandkids will get to pay for.

These &^%$# ran the company into the ground and they are "giving up" their bonuses. They should all be fired!

Isn't a bonus for when you do exceptionally well?

Usually when you do what these guys have done you would find yourself fired and unable to get a job in that particular field.

Despite what they may want you to think, the vast majority of these guys got where they are now by the old school of it is not what you know but who you know.

Somebody who makes $100,000,000.00 in two years is in fact a company unto themselves.

I have no sympathy like most...... but he will surely have some very expensive tax lawyers see to it there is not as much loss as we think. 

Have you heard the news about Chrysler.  Chrysler is asking for bailout money but they have to pay bonus salary for some top execs because of their contracts.  The system is screwed up! May be that is why they say maybe no money for the big three auto.

Anytime there is such an obvious amount of fraud and negligence in a company like Goldman Sachs, ALL of the executive officers should be given prison sentences.

Wow 54 milion last year.... what human being needs 54milion? except some greedy animal, whos whole existence is based on gathering money. 

This is the reason why all big compaines are failing.....makes me sick

if an average pay is 40 grand a year, how many employees is in 54 mil?

1350 employees for one measly ceo , you decide

I agree with Shawn.  Are we suppose to give them a pat on the back? Or say oh, you are so great for giving up your bonuses.  Please!!  I am confident that they have enough in a savings to last them a long long time.  Hopefully, with all their millions they will help their fellow man in these hard times.