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Goldman awards stock ahead of tax rise

The bank handed insiders including chief executive Lloyd Blankfein and his top lieutenants a total of $65m in restricted stock just hours before this year's higher tax rates took effect

Goldman Sachs handed insiders including chief executive Lloyd Blankfein and his top lieutenants a total of $65m in restricted stock just hours before this year's higher tax rates took effect.

The New York securities firm gave 10 of its directors and executives early vesting on 508,104 shares previously awarded as part of prior years' compensation, according to a series of filings with the Securities and Exchange Commission late Monday.

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