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Date Posted: 22:15:50 09/24/08 Wed
Author: Hank Paulson
Author Host/IP: 68.38.84.79
Subject: What's in it for me............
In reply to: morgan 's message, "Re: just another video" on 13:22:18 09/24/08 Wed

As Goldman's chief, Paulson himself received an $18.7 million cash bonus for the first half of 2006, and in 2005 he was the highest paid chief executive officer on Wall Street, reaping $38.3 million in salary, stock and options.

He had also accumulated 3.23 million shares of Goldman's common stock worth $492 million, plus restricted shares worth $75.2 million and options to purchase 680,474 shares, according to a Goldman regulatory filing on July 2, 2006.

Paulson wasn't required to pay a 20 percent tax penalty on some of his compensation from Goldman under an Internal Revenue Service rule that waived the tax on executives forced to sell stock to comply with government ethics rules.

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