RENEE MONTAGNE, host: NPR's business news starts with big bonuses at Goldman Sachs.</s>RENEE MONTAGNE, host: Yesterday, the Wall Street financial firm reported profits of nearly three-and-a-half billion in the second quarter, and it set aside $6.6 billion for compensation. The investment bank has paid back the government money it borrowed during the height of the financial crisis, so it's not subject to limits on pay. If earnings stay on track, the average earnings for a Goldman employee this year could be upwards of $900,000. Top executives could get tens of millions.
The Wall Street financial firm reported profits of nearly $3.5 billion in the second quarter. It has set aside $6.6 billion for compensation. The investment bank has paid back the government money it borrowed during the height of the financial crisis, so it's not subject to limits on pay.