Goldman Partners Get Windfall Gain From Stock Options, NYT Says

Goldman Sachs Group Inc.’s 475 partners stand to reap a windfall gain from stock options they received in December 2008, the New York Times said, citing a study of regulatory filings and internal partnership documents.

The stock, which traded at $78.78 then, closed yesterday at almost $175, the newspaper said.

The almost 860 current and former partners of the firm have in the last 12 years cashed in on more than $20 billion in Goldman shares and hold more than $10 billion in stock, the Times added.

Click here for web link

To contact the editor responsible for this story: James Kraus at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.