Golden Days at Goldman Sachs

Talk about a dream deferred. In 2008, during the depths of the financial crisis, when Lehman Brothers had just gone bust and public anger at Wall Street's profligacy seethed unabated, Goldman Sachs did something smart: Its senior partners declined to take cash bonuses and instead took stock options, thereby dodging what surely would have been a painful PR bullet. At the time, the shares traded at under $79. Though the options could be exercised starting as early as January 2010, the shares...Full Story
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