InvestmentBankingStocks

Inside Goldman's Earnings Miss

Goldman Sachs reported second quarter earnings of $1.09 billion, or $1.85 per share -- results that are below expectations. While still the most venerable Wall Street Bank, Goldman's quarterly earnings underline a key trait of the investment banking industry: Results can be exceedingly volatile.

Goldman Sachs to Pay Out $111.3 Million of Stock to Executives

Goldman Sachs Group%u2019s (GS) top executives will receive about $111.3 million worth of stock next month in delayed compensation for their work in 2009 and 2007. CEO Lloyd Blankfein will receive about $24.3 million in January, Bloomberg News reported. Gary D. Cohn, president of Goldman Sachs, will get about $24 million.