Wall Street Kings, Crowned

If misery loves company, battered investment bank shareholders can take solace in the fact that Goldman Sachs boss Lloyd Blankfein and Morgan Stanley chief John Mack together personally lost $50 million in Wednesday's market bloodbath.

While it still pales in comparison to the $95 million lighter former AIG boss Hank Greenberg was after Monday's brutality, the three top executives each at Goldman Sachs and Morgan Stanley lost a combined $89.5 million today as traders pummeled the two Wall Street giants.

Blankfein topped the list of money losers as he watched $30.3 million evaporate from the value of his Goldman holdings as the stock dropped 13.9 percent.

His top lieutenants, co-chief operating officer Jon Winkelreid and chief financial officer David Viniar lost $13.5 million and $14.2 million, respectively.

Morgan Stanley's Mack lost $20.6 million as the firm's shares fell 24.2 percent, amid concerns that despite its strong earnings report its business would be hurt by the rising cost of capital.

Morgan co-presidents Walid Chammah and James Gorman lost more than $5 million each.

Blankfein went home with $53.9 million in 2007, making him the fifth highest paid CEO. Mack is eighth on the list at $41.7 million.

Rafael Cohen

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