Jul
30
Goldman Insiders Cashed In $3 Billion of Crisis-Era Options: WSJ
ByGoldman Sachs Group Inc. executives and board members may have reaped as much as $3 billion from stock options granted during the 2008 financial crisis, according to the Wall Street Journal.
In December of that year, the bank granted 36 million options with a strike price of $78.78 to about 350 partners and directors. The securities have generated an estimated $3 billion of gains as the firm’s stock has tripled, the newspaper reported Monday, citing a review of regulatory filings…
Goldman Insiders Cashed In $3 Billion of Crisis-Era Options: WSJ
