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1. Jan 2(Bloomberg)-2013,A Year to start for Goldman Sachs(GS) by taking decision to accelerate $65
Million in stock awards. The stock awards are delivered to 10 executives of Goldman Sachs(GS) including
chief Executive officer (Lloyd C Blank Fein).The reason for accelerating stock award a result of passing bill
that 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 pay
taxes 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 employee
rather than executives. The bill passed by federal government to increment growth and maintain
investor confidence in US Economy. The Chief Executive officer Blakfein is ready to pay higher taxes, if it
is helpful to reduce fiscal deficit in USA.Blank Fein already received 66,065 shares as stock award on Dec
31,2012 and it is worth $8.43 million at the closing share price that day, according to a company
filing.