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Wed Jan 25, 2017, 09:52 AM

Move to DC Will Net Goldman Sachs Exec $100 Million

Will his advice be as valuable? Goldman Sachs will pay former CEO Gary Cohn, who's heading to Washington, D.C., to become Donald Trump's top economic adviser, more than $100 million in severance. Most of that derives from a "conflicted employment" clause triggered by his public-sector move that speeds payout of future bonuses upon leaving his $20 million-a-year job. The government will also help with the transition, providing a capital gains tax break on stocks he sells to avoid a conflict of interest.

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Reply Move to DC Will Net Goldman Sachs Exec $100 Million (Original post)
HAB911 Jan 2017 OP
Dustlawyer Jan 2017 #1
Initech Jan 2017 #2
HAB911 Jan 2017 #3

Response to HAB911 (Original post)

Wed Jan 25, 2017, 10:04 AM

1. It is so bad they have this already set up to give them the bribe money going in,

and a great job coming out of government service at the highest levels!

Our system has been, and is, totally and completely corrupt!

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Response to HAB911 (Original post)

Wed Jan 25, 2017, 10:08 AM

2. And to think conservatives railed on Hillary for being in bed with Goldman Sachs.

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Response to Initech (Reply #2)

Wed Jan 25, 2017, 10:10 AM

3. Obviously

giving a speech to GS is much much worse than hiring them

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