(Bloomberg) -- Nothing in John Whitehead's 37-year career at Goldman Sachs Group Inc. prepared him for the excesses of today's Wall Street.
``I'm appalled at the salaries,'' the retired co-chairman of the securities industry's most profitable firm said in an interview this week. At Goldman, which paid Chairman and Chief Executive Officer Lloyd Blankfein $54 million last year, compensation levels are ``shocking,'' Whitehead said. ``They're the leaders in this outrageous increase.''
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