Surprise! Bankers Avoid Cash Bonus Issue With Equity Derivatives Accelerate Stock Option Payout

New York, NY – What is being described as a “loophole”, Investment Bankers are cashing out long term stock options thru derivative instruments to avoid waiting for 3 and 5 year vesting rules.
The loophole allows the employees of most major Investment Banks like Goldman Sachs and Morgan Stanley to monetize their restricted stock options immediately for a discount in order to avoid the cash bonus hot button issue.
“The vesting provision allows these executives to take advantage of a financially engineered legal loophole”…
Read More: www.efinancialnews.com/homepage/content/1056429747
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