Even as the US stock market continued its free-fall due to the coronavirus pandemic, the top banker at Goldman Sachs got a pay raise of $2 million a year, a $7.65 million cash bonus, plus stock options worth $17.85 million.
David Solomon “led our development of the firm’s three-year business plan and a clear long-term strategy that leverages our foundational advantages, enhances the firm’s long-term mindset and instills a culture of innovation,” Goldman said in a federal filing disclosing the compensation. His compensation package is the biggest for a Goldman Sachs CEO since Lloyd Blankfein took home $41 million in 2007, right before the mortgage collapse….Just hours before Goldman Sachs gave Solomon a massive raise, its economists forecast an unprecedented decline in US GDP based on the coronavirus shutdown – down 24 percent in the second quarter, amounting to an annual drop of 3.8 percent, with unemployment surging to nine percent overall.Meanwhile, Congress is being pressured for a massive corporate bailout that would dwarf 2008 in size and scope.
Goldman Sachs stock has suffered from the collapse as well, it should be noted, dropping from $237.33 on February 19 to $138.41 as of Friday….
Look at the sequence of events. Just after their economists forecast a crash, he gets the raise for setting up their 3 year plan, which he probably started working on when he became CEO in october 2018, one year before the wuhan games, the johns hopkins/bill gates simulation, and the release of the genetically engineered coronavirus.
Unless they typically reward CEO’s after catastrophes which would normally tighten the budgets of legitimate businesses, the implication is that he positioned GS’s investments to benefit from the crash.
HE KNEW, JUST AS HIS PREDECESSOR BLANKFEIN KNEW ABOUT THE IMPENDING HOUSING COLLAPSE ( https://www.mcclatchydc.com/news/politics-government/article24561376.html ), BECAUSE THEY WERE BOTH STAGED EVENTS.
I suspect GS (or rather, the luciferian secret society which controls it from the shadows http://thoughtcrimeradio.net/2017/10/the-obvious-problem-with-secret-societies/ ) will make out quite well in the end, although another taxpayer funded “bailout” would probably be a welcome addition to their trophy collection.
More examples of this business model:
Another wildly successful investment strategy:
SEC: Government Destroyed Documents Regarding Pre-9/11 Put Options