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Goldman CEO gets salary boost, $12.6 million shares

By Elinor Comlay and Dan Wilchins – Fri Jan 28, 2011 NEW YORK (Reuters) – Goldman Sachs Group tripled Chief Executive Lloyd Blankfein’s base salary and awarded him $12.6 million of stock, even after the bank’s net income plunged last year.   Blankfein is receiving base pay of $2 million effective Jan 1, up […]

Hedge funds appeal dismissed $2 billion suit vs Porsche

– Sat Jan 29, 2011 CHICAGO (Reuters) – A group of hedge funds led by Elliott Associates and Black Diamond Offshore Ltd appealed the dismissal of their $2 billion lawsuit against German automaker Porsche SE.   The hedge funds filed notices of their appeal in Manhattan federal court late on Friday.   The hedge funds had claimed the Stuttgart-based carmaker deliberately […]

Hedge funds appeal dismissed $2 billion suit vs Porsche

– Sat Jan 29, 2011 CHICAGO (Reuters) – A group of hedge funds led by Elliott Associates and Black Diamond Offshore Ltd appealed the dismissal of their $2 billion lawsuit against German automaker Porsche SE.   The hedge funds filed notices of their appeal in Manhattan federal court late on Friday.   The hedge funds had claimed the Stuttgart-based carmaker deliberately […]