Gary Cohn

Goldman Sachs' big discount in underwriting fees for the GM IPO has squeezed the other underwriters in the deal. The banks now stand to make only a fraction of what they would normally rake in for the stock offering.

Goldman Sachs disclosed to the SEC the exercise of stock options and sales of shares that totaled tens of millions of dollars. CEO Lloyd Blankfein and President Gary Cohn who gained millions from the sale.