Goldman Finds a Way to Dole Out Cash

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BY SUSANNE CRAIG

Goldman Sachs Group Inc. traders, investment bankers and other employees suddenly aren't feeling so glum about their relatively puny bonuses.

This week, some of the roughly 30,000 employees at Goldman got a letter telling them that the Wall Street firm has changed how it doles out certain stock grants, including by easing the rules on when restricted shares may be sold.

Translation: Cash-strapped employees now can use their Goldman stock like an automated teller machine. In response, some rushed to sell, fueling a spike in the trading volume of Goldman shares on Tuesday, when most employees officially got their newly ...

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