Goldman Sachs Compensation… for 2011 Falls 15% From Year Ago
NEW YORK (Dow Jones)–Goldman Sachs Group Inc. (GS) paid its employees an average of $367,057 for 2011, a decline of 15% from a year ago, reflecting the tough times experienced by banks and securities firms since last spring. The investment bank, known for rewarding its bankers and traders with the highest payouts among Wall Street…