GS employees to make 25% more this year

Compensation benefits up 18% to $4.7bn, while employee strength down by 7%. Enjoy the benefits of a steeper yield curve and the largesse from AIG. 

Is the company paying dividends on its prefs? Preferred dividends are down qoq - total prefs outstanding are $16.5 bn and dividend paid is only $155 million. In 1 month in Dec 2008, pref dividend payout was $248mn - now that was probably too much.