By Olivia Scheck
DNAinfo Reporter/Producer
MANHATTAN — Goldman Sachs' top executives will share more than $111 million in stock next month, deferred bonuses from 2007 and 2009, Bloomberg news reported.
Goldman CEO and Upper West Side resident Lloyd Blankfein, 56, will receive around $24.3 million in the payout, part of the $67.9 million he was promised in 2007, according to the business news source.
The news is sure to rile critics, who were angered by the $10 billion federal bailout given to Goldman during the financial crisis of 2008 – less than one year after the bonuses were approved, Bloomberg noted.
The firm also drew fire during their highly-publicized congressional hearings last summer. Goldman executives were accused of defrauding investors and capitalizing on the collapse of the housing market, ultimately agreeing to pay a record $550 million settlement to the Securities and Exchange Commission.
In addition to Blankfein, Goldman President Gary Cohn, Chief Financial Officer David Viniar and departed co-President Jon Winkelried are set to receive payouts of more than $20 million each, Bloomberg news reported.
