Goldman Sachs Wants Its Bonuses Back as Punishment for Jumping Ship
Lemkau and Lane, who left within months of each other, both easily qualified for the Rule of 60. They had arrived at Goldman before Solomon, who started in 1999. Yet they were stripped of millions of dollars in stock awards that hadn’t vested , a rebuff that surprised and rubbed raw with many senior Goldman executives. Lemkau went on to run MSD Partners, the Michael Dell-affiliated investment firm, while Lane joined Chase Coleman’s Tiger Global Management, which focuses on technology investments.