Goldman Sachs CEO Lloyd Blankfein and President Gary Cohn will be receiving lots of stock from huge grants made in 2007 (right before the crisis set in) and last year (when they were limited to restricted stock grants), Bloomberg reports. They got nothing in 2008, if you recall.

These now vested stock awards will amount to $24.3 million for Blankfein; Cohn will get about $24 million and other executives will share in about $50 million. Will this stoke any controversy? Well, in some ways, now that banks are off the government dole, they have a lot more freedom, though the Fed rules are still seen as onerous.

The executives are set receive stock next month from previous deals that would be impossible to abrogate. The sheer sums involved are not all that shocking, as we're used to much worse. The idea all along was to incentivize execs with restricted stock. Some will argue that when the awards are this big, the incentives get diluted. And they would be right in the eyes of many.

Goldman's stock price is down about 25 percent from the day the 2007 stock grants were given, notes Bloomberg. The receipt of the these tranches come at a time when bonuses at Goldman will likely be down for most employees.

For more:
- here's the Bloomberg article

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