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TMCNet:  Goldman Sachs Cuts CEO Salary By 35% (GS)

[April 13, 2012]

Goldman Sachs Cuts CEO Salary By 35% (GS)

Apr 13, 2012 (SmarTrend(R) News Watch via COMTEX) -- 4-13-12-Goldman Sachs (NYSE:GS) has reportedly reduced its CEO's, Lloyd Blankfein, salary by 35% to $12.4 million.

The Goldman Sachs Group, Inc., a bank holding company, is a global investment banking and securities firm specializing in investment banking, trading and principal investments, asset management and securities services. The Company provides services to corporations, financial institutions, governments, and high-net worth individuals.

SmarTrend alerted subscribers to take profits in Goldman Sachs Group on April 05, 2012 at $119.11, since then the stock fell 2.6%. We are now watching for any positive developments that could result in a new uptrend signal.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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