Your SlideShare is downloading. ×

Atif article

43

Published on

dsedfc

dsedfc

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
43
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Jan 2(Bloomberg)-2013,A Year to start for Goldman Sachs(GS) by taking decision to accelerate $65Million in stock awards. The stock awards are delivered to 10 executives of Goldman Sachs(GS) includingchief Executive officer (Lloyd C Blank Fein).The reason for accelerating stock award a result of passing billthat increase tax rates on capital gains and one individual who make taxable income of $400000 (or)more. Each executive of Goldman Sachs (GS) surrendered 45 percent to 50 percent of their award to paytaxes according to filling.A result of the filling Goldman Sachs (GS) share price increased by 41% in 2012.Usually Goldman Sachs(GS) deliver executive restricted stock in January. The share delivered in December mostly the employeerather than executives. The bill passed by federal government to increment growth and maintaininvestor confidence in US Economy. The Chief Executive officer Blakfein is ready to pay higher taxes, if itis helpful to reduce fiscal deficit in USA.Blank Fein already received 66,065 shares as stock award on Dec31,2012 and it is worth $8.43 million at the closing share price that day, according to a companyfiling.

×