Saturday, November 19, 2016

"Goldman Sachs' top executives had over 1 million stock option grants due to expire worthless next week"

"...it looked like more than 1 million stock options granted to Goldman Sachs Group Inc.’s top executives and directors would expire out of the money.

The options to buy and sell the stock weren't worth anything, 
right up until they were, in an amazing twist of fate
that looks like Goldman Sachs rigged their own stock higher 
for the execs among others to cash out with millions

The awards were set to expire on Thanksgiving eve. But on Nov. 7, the night before Americans voted, they closed at $181.48, meaning it wouldn’t make sense for executives to exercise them.



Then Trump pulled off an upset victory and Goldman Sachs surged 16 percent through Thursday, allowing executives to exercise the options and sell shares to lock in gains.

It looks like some used the election to line their pockets
regardless of the winner

The stock closed at $209.63 on Thursday and traded for as much as $212.07 this week, the highest since July 2015.

What an amazing coincidence;



...Insiders at Goldman Sachs sold $205 million of stock since Nov. 8...

Think the SEC will investigate?

That’s three times more than the group has sold in any month for at least five years...

I wonder whose money who used to get the stock so far up
so these fine folks could have a little more Christmas money?

Not a bad week for Cohn, Blankfein, and Viniar...



http://www.bloomberg.com/politics/articles/2016-11-18/goldman-insiders-underwater-options-salvaged-by-trump-election



http://www.zerohedge.com/news/2016-11-19/if-everythings-so-awesome-why-are-goldman-insiders-dumping-stock-fastest-rate-5-year


If former New York Fed Chairman and Goldman Sach's alumni Stephen Friedman knew about secret loans to Goldman in 2008 and 2009, how did he not buy GS with unknown information?


JPM CEO Jamie Dimon Securities Fraud and Insider Trading


Goldman Sachs, Wells Fargo, Wachovia and Perella Weinberg 


John Stumpf's Sarbanes Oxley Securities Fraud at Wells Fargo 


Wells Fargo "Envision" Retirement Plan Incentive Bonus Fraud 


Too Connected to Jail



Who could have known?



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