Goldman Sachs ripped over ‘excessive' bonuses for CEO David Solomon, his No. 2 exec: ‘poor practice'

Goldman Sachs is catching fresh heat over massive bonuses it has pledged to CEO David Solomon and his No. 2 executive John Waldron — with powerful shareholder voting advisors slamming the payouts as "excessive" and "poor practice." A pair of so-called proxy advisory firms, which counsel investors on how to vote at the annual meetings of big public companies, ripped an $80 million retention bonus for 63-year-old Solomon — a lavish sum that sparked outrage among the rank and file when the bank revealed it in ...