Goldman Summons the Grinch for Bonus Season

Goldman Sachs Chairman and CEO Lloyd Blankfein, outside the White House in Washington on Oct. 2 Photograph by Pablo Martinez Monsivais/AP Images

Goldman Sachs, known for making it rain, can also rein it in. That’s what the bank had to do to meet expectations in the recent quarter, and the frugal moves don’t bode well for bonus season.

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