I submitted a similar issue regarding Google Drive folders. I don't think submitting this issue will earn OP any money as a "significant security vulnerability": In other words, Google will not consider this a significant security vulnerability.

> While our highest-impact services (e.g., Google Wallet, Gmail) are designed to make cookies expire very shortly after the user logs out, we believe that most potential exploitation vectors for this behavior fall outside the security model of modern browsers and operating systems, and can't be meaningfully mitigated by any single website.

> Check this link for more info: https://sites.google.com/site/bughunteruniversity/nonvuln/co...

Note: The issue I submitted was related to revoking all sessions (authentication) as well.