Following the financial crisis in 2008, an investigation report has been pushed to the U.S. Justice Department and regulators (SEC) to decipher the punishment against the employees and executives of Goldman Sachs Group Inc. (GS) following serious charges of financial malpractices.

Lloyd C. Blankfein, the Chairman and Chief Executive Officer of the Goldman Sachs Group Inc. (GS), has received twice the compensation for 2010 than he received in 2009.

Lloyd Blankfein of Goldman Sachs has had a number of court subpoenas lately dealing with blockbuster mergers, and yesterday he was called to testify in the case against Raj Rajaratnam for insider trading.

The Goldman Sachs Group Inc CEO paid a visit to the Chicago to settle all the issues regarding the sales of the shares and also to make an effort to pitch executives for the purpose of various posts that are on offer in the company.

Goldman Sachs Group Incorporation recently released few e-mails along with 25 internal documents to provide a justification to the Senate panel. The panel disclosed some messages which comprise the boasting done by the Goldman executives, claiming about the money the corporation earned, even during the market implosion during 2007.

Chief Executive of the Goldman Sachs Group Inc. has fiercely denied that the fraud suit filed by the Securities and Exchange Commission against his firm on Friday, tagging the complaint as "completely unfounded in law and fact". The company has now promised to defend its reputation and the firm overall.

Official reports have confirmed that for his performance in the year 2009, the Chairman and Chief Executive Officer of Goldman Sachs Group Inc., Lloyd Blankfein was awarded a bonus of $9 Million in stock. Over the past year, the profits of the group had managed to rise to hit an all-time high and value of the shares had doubled.

According to Goldman Sachs Group's stand-in statement, filed late Friday with the Securities and Exchange Commission (SEC), the investment bank's CEO Lloyd Blankfein received $1.11 million in total compensation for 2008, marking a substantial 98.4 percent drop from the year-before compensation of $70.3 million!