The original content of Democracy Now! Headlines appears under the Creative
Commons BY-NC-ND 3.0 License (United States). For more, including their other
shows and media, visit www.democracynow.org.
July 14, 2009

Report: Goldman Execs Sold $700M in Stock After Lehman Collapse
---------------------------------------------------------------



The Financial Times is reporting the investment bank Goldman Sachs sold
nearly $700 million in company stock right after the collapse of Lehman
Brothers last September. The sales continued even as Goldman began
receiving billions of dollars in government aid. The news comes as
Goldman Sachs is expected to report today soaring profits of an
estimated $2 billion. Goldman’s stock value has soared 68 percent this
year, and analysts predict it will pay a total of $18 billion in
compensation and benefits.



.