Re:Goldman Sachs and the $580M Black Hole (2012)
by at5 on Friday January 29, 2016 @03:00PM
(#10998043)
Former banker here. Really impressed you guys get paid in the same form of consideration as your clients. 100% the way to go.
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Re:Goldman Sachs and the $580M Black Hole (2012)
by jeswin on Friday January 29, 2016 @09:15PM
(#11000166)
I don't see how that's risky, and might even be beneficial to the Banker. Assuming an acquiring company is $1.5B and Dragon was getting $400m in stocks, it would have been impossible to offload it immediately at a good price.
OTOH, offloading the Banker's 0.3% is far more easier. In fact, if the overall value of the transaction is higher because it is an all stock deal, the Banker gets a better deal (after immediately selling) than if it were all cash.