Jul
30
Goldman Partners’ Haul on Crisis-Era Options: $3 Billion
ByLast vintage of an earlier reward structure reflects Wall Street’s new share-price heights
In December 2008, with the financial world in a tailspin, Goldman Sachs Group Inc. issued stock options to 350 of its top executives and board members.
By the time they expire later this year, these options will have earned their owners—most of whom left Goldman years ago—at least $3 billion, according to a review of regulatory filings by The Wall Street Journal…
