From today's Times newspaper...
Goldman Sach's traders recorded their first perfect quarter, ending every business day of the first three months of 2010 in the black. They made more than $100m on 35 days, $75m+ on 16 days, $50m on 5 days and a measly $25m on the other seven days. The trading and principal investment arm, which includes proprietary trading made almost $10.2 billion in the quarter from $7.1 billion last year!
Sounds fishy to me
Goldman Sach's traders recorded their first perfect quarter, ending every business day of the first three months of 2010 in the black. They made more than $100m on 35 days, $75m+ on 16 days, $50m on 5 days and a measly $25m on the other seven days. The trading and principal investment arm, which includes proprietary trading made almost $10.2 billion in the quarter from $7.1 billion last year!
Sounds fishy to me