Goldman Sachs has fared better than most banks in the financial crisis. Which may make any restrictions on pay even more difficult to take. So there's a lot of chatter right now about what steps Goldman Sachs may take to avoid undue pay regulation.

Some speculate that it is seeking to shed its commercial bank charter, the one it embraced as the crisis started to hit. That would allow it to escape traditional bank regulations and Fed supervision. Some investors think the bank ought to do this--go back to the old system, so to speak. But Goldman's spokesman tells Reuters there are no such plans in the works. You would have to wonder whether the regulators would ever allow it anyway. 

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