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First buzzed by: CharlesV

Goldman executives sold $700m of stock

Executives at Goldman Sachs sold almost $700m worth of stock following the collapse of Lehman Brothers last September, according to filings with the Securities and Exchange Commission » Full Story on Financial Times, FT.com

Maximum salary of $750,000/yr. No exceptions. They can survive on this. Pay them any amount of bonuse as deemed fit but ony in stock that can only be redeemed at age 60. Make them work like others for their retirement. If they have their life retirement invested in the company they will be more responsible.Nationwide for everyone.

posted Jul 13, 2009 |
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