In a remarkably shrewd move, the top seven executives at Goldman Sachs (GS) will give up their 2008 bonuses. That should keep Congress and regulators off the investment bank’s back and allow it to move forward with its daily business without the distractions and objections that would come from paying out tens of millions of dollars in compensation after a year in which even Goldman has remarkably poor earnings and an awful stock performance. The shares are down from a 52-week high of $234 to $67.
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