{"id":5431,"date":"2006-12-19T00:00:00","date_gmt":"2006-12-19T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"100-million-bonuses","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2006\/100-million-bonuses.html","title":{"rendered":"Asia&#8217;s $100 Million Bonuses"},"content":{"rendered":"<p>  HedgeCo.Net (New York) &#8211; Some traders in Tokyo and London are rumoured to be in the $100 million bonus club. The &#8220;giant&#8221; bonuses at Morgan Stanley and the $40 million John Mack took home has  started rumors inside Wall Street about who might be in the running to get $100 million checks this year.<\/p>\n<p>  Several members of the $100 million club are in Goldman Sachs Asian offices. Morgan Sze, a head trader in Goldman&#8217;s principal strategies group based in Hong Kong, is mentioned by several sources as  a possible member of the club according to the New York Post. Sze&#8217;s counterpart in London, Pierre-Henri Flamand is also rumored to be receiving a $100 million bonus.<\/p>\n<p>Raanan Agus, who is the New York-based head of Goldman&#8217;s principal strategies hedge fund group makes bets using nearly $10 billion of the firm&#8217;s capital, could get $70 million. &#8220;Apparently, a$100 million payout isn&#8217;t as uncommon as some originally thought,&#8221; said one Goldman source in the Post.<\/p>\n<p>  Goldman CEO Lloyd Blankfein is likely to get about $50 million, while co-presidents Gary Cohn and Jon Winkelried are expected to receive between $40 million and $45 million, sources said. Goldman  bonuses make up between 80% and 90% of the traders and bankers annual salaries.<\/p>\n<p>Word of the nine-figure bonuses came as Goldman named Marc Spilker to oversee its money management unit&#8217;s alternative investments operation, which includes private equity and hedge funds.<\/p>\n<p align=\"left\">  Alex Akesson<br \/>  Contributing Writer<br \/>  HedgeCo.Net<br \/>  Email: <a href=\"mailto:Editor@hedgeco.net\">Editor@hedgeco.net<\/a>   <\/p>\n<div align=\"left\">\n<p align=\"left\">    HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge    Funds!  <\/p>\n<div align=\"left\">\n<p align=\"left\">      <strong>Be sure to check out our sister sites. <a href=\"http:\/\/www.hedgefundlounge.com\/\">www.hedgefundlounge.com<\/a>, <a href=      \"http:\/\/www.hedgefundtools.com\/\">www.hedgefundtools.com,<\/a><\/strong> and <a href=\"http:\/\/www.hedgefundemployment.com\/\"><strong>www.hedgefundemployment.com.<\/strong><\/a>    <\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo.Net (New York) &#8211; Some traders in Tokyo and London are rumoured to be in the $100 million bonus club. The &#8220;giant&#8221; bonuses at Morgan Stanley and the $40 million John Mack took home has started rumors inside Wall Street [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-5431","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5431"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5431\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}