Oh the humanity. How will they survive with such chump change? Do you know how much money it costs to fuel a Ferrari or to keep up the house in the Hamptons? Their children may not be able to go to summer camp on private jets if this keeps up. Let's just hope there is still room in first class so they don't need to mix with the dirty masses in coach.
Some employees in Goldman Sachs' fixed-income trading business will see their pay shrink by 60 percent, with some workers not getting a bonus, the report said. For the typical Goldman partner, pay for 2011, including base salary and bonus, is likely to range from $3 million to $6.5 million, compared to at least twice that much in better years, the report said, citing sources.