Goldman’s president sold approximately 30k
shares on July 16 and 17 and netted $5 million. Goldman has been a
very profitable i-bank for quite some time, and it hasn’t been hit
nearly as hard as many of the other banks. That being said, at a time
when the industry (including Goldman) contributed to the subprime mess,
which was spiraled into the economic quagmire that exists today, it is,
in my opinion, unconscionable that a high ranking officer of any
investment bank gets re...