Goldman’s $285 Million Package for Gary Cohn Is Questioned


Gary D. Cohn, director of the White House National Economic Council, as President Trump met with automobile industry leaders at the White House, on Tuesday. CreditDoug Mills/The New York Times

Goldman Sachs has rewarded its departing president, Gary D. Cohn, with expedited access to cash and stock payments valued at nearly $300 million, and in doing so has tacitly encouraged another of its executives to accept an influential role in Washington.

Late on Tuesday, Mr. Cohn, director of the National Economic Council advising President Trump, disclosed in a securities filing that he and his family members had received ownership that day of 940,908 shares of Goldman stock — a position valued at nearly $220 million. That award came in addition to a cash payout, announced the same day, amounting to about $65 million, leaving him with a total windfall of about $285 million…

Goldman’s $285 Million Package for Gary Cohn Is Questioned

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