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Stock Investing > Financial Skeptic

Goldman Compensation Cost Still High

George | Tue, 12/16/2008 - 2:33pm | Goldman Sachs, GS |  1 comment

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Goldman Sachs (GS) reported Q4 results and of course lost money. If they had shown black ink no one would have believed it. Take a look at compensation costs as a percentage of revenues. In this business you have to pay your people for results. The question becomes are they deleveraging their people
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