If the economy is recovering, why are GS execs selling?

Quote from Landis82:

Ever here of option "grants" that have an expiration date?

Guess not.
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Even though Landis angered me earlier, I must concur with this very salient point he is making.
 
Quote from peilthetraveler:

http://finance.yahoo.com/news/Goldm...0.html?x=0&sec=topStories&pos=5&asset=&ccode=

Most of those sales were sold at the low prices. If the execs believed there was a recovery...wouldnt they be buying their own stock at these historically low levels? These guys know something is up. All their profits are supposedly coming from their trading dept (not unlike the way enron said all their profits were coming from their trading too)

Its obvious these guys are cashing out now while they still can.
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You answered your own question.

There's no sustainable recovery.
Stocks are still overvalued, corporate earnings are low and will continue to lower.

GS is GS they actually profited from this sucker, bear market rally.
 
Quote from peilthetraveler:

All their profits are supposedly coming from their trading dept
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What else they could profit from these days?

Investment banking?
There's no investment now

IPOs?
Unless you have a super-revolutionary, patented technology, this economic scenario is the worst for an IPO.
 
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