Goldman Partners Cash In Stock Options To Take Home $22 Million

Why He's Smiling
Lloyd Blankfein, chairman and ceo, Goldman Sachs speaks to the 2011 CARE Conference and International Women's Day Celebration in Washington DC, March 9, 2011. AFP PHOTO/ Chris KLEPONIS (Photo credit should read CHRIS KLEPONIS/AFP/Getty Images)
Lloyd Blankfein, chairman and ceo, Goldman Sachs speaks to the 2011 CARE Conference and International Women's Day Celebration in Washington DC, March 9, 2011. AFP PHOTO/ Chris KLEPONIS (Photo credit should read CHRIS KLEPONIS/AFP/Getty Images)

Business is tough at Goldman Sachs Group Inc., GS +1.72% but the past is paying off: More than 30 executives, including Chief Executive Officer Lloyd C. Blankfein, recently cashed in stock options awarded in the afterglow of the company's initial public offering in 1999.

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