Tuesday Links
Bensonhurst Boy Disappears on Subway for 11 Days [NY Times] Negotiator for City’s Landlords Dies at Age 65 [NY Times] Chinese Drywall Linked to Corrosion in Homes [NY Times] Police Crack Down on Renegade Rickshaws [NY Post] Big Gun Bust in East New York [NY Post] Council Begins Focusing on Broadway Triangle [NY Post] Brooklyn…

Bensonhurst Boy Disappears on Subway for 11 Days [NY Times]
Negotiator for City’s Landlords Dies at Age 65 [NY Times]
Chinese Drywall Linked to Corrosion in Homes [NY Times]
Police Crack Down on Renegade Rickshaws [NY Post]
Big Gun Bust in East New York [NY Post]
Council Begins Focusing on Broadway Triangle [NY Post]
Brooklyn Store Owners See Glimmers of Hope [NY Daily News]
CB10 Rallies to Fight Curb Cuts [Brooklyn Eagle]
DOB Warns About Illegally Converted Housing [NY1]
Photo by Listen Missy!
On top of his relatively modest $600,000 salary, which all Goldman partners receive, Blankfein was awarded a $53.4 million bonus for 2006. He did even better in 2007, collecting some $68.5 million in cash and stock.
http://cityfile.com/profiles/lloyd-blankfein
Dimon collected $28.86 million in compensation in 2007, up from $27.49 million a year earlier. Dimon’s own stake in JP Morgan is worth more than $200 million.
http://cityfile.com/profiles/jamie-dimon
ditto, I saw that talked about last week. Glad they did it. Buffett gets virtually NO salary. It’s all from returns made on Berkshire Hathaway stock.
Some of you may not read “Brooklyn Store Owners See Glimmers of Hope” but there’s a link at the end for stores in Brooklyn offering discounts for the holiday season.
Here’s the link with the list of stores. Please support your local businesses.
http://www.ishopbrooklyn.com.
DIBS, I’m wondering if StevieB isn’t a Dobbs fan after the rant about immigrnats and people coming to “his country” etc the other day.
I agree with your 9:10 point. Although i think most of the large bonuses were earned by the guys in the trenches given how much business they bring in, I think they should all be owning more stock and be rewarded with higher dividends like the rest of us shareholders.
The yield on GS is only 0.81% and should be raised higher and with greater frequency.
The taxpayers do not own Goldman Sachs and don’t get a say in anything. If you want a say, buy some stock.
http://www.bloomberg.com/apps/news?pid=20601103&sid=aut.kPaGENTQ
“The Department of Buildings has handed out more than 28,000 flyers in the Bronx and Queens this week as part of the city’s campaign to warn about the dangers of illegally converted housing.
The flyers are printed in eleven languages to reach new immigrants who often find their way into illegal, overcrowded housing.”
I’m thinking Lou Dobbs isn’t liking the “eleven languages” thing.
http://online.wsj.com/article/SB10001424052748704533904574545981008841004.html
Some of the largest shareholders in Goldman Sachs Group Inc. have urged the Wall Street firm to reduce the size of its bonus pool, arguing that it should pass along more of its blockbuster earnings to investors, according to people familiar with the situation.
The investors hold tens of millions of shares in Goldman Sachs, which is on track to make the biggest employee payout in the firm’s 140-year history.
Their complaints in private conversations with the company and at analyst meetings show how anger over its big-money culture is spilling into the ranks of investors who typically shy away .
That doesn’t answer all of my questions. How much did the three of them give away vs. Brad& Jolie and how much did EVERYONE earn???
When you get all the data that you didn’t show to support your allegations in your initial argument get back to me.
Otherwise this type of one-sided, partially supported crap is useless.