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Goldman Sachs Sets Record for $100 million trading days

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  • Goldman Sachs Sets Record for $100 million trading days

    Goldman Sachs Sets Record for $100 Million Trading Days - DailyFinance

    Thanks tax payers and the feds printing press that hasn't stopped working since March 9th....When will this stop....We bailout all these banks but some crazy reason they are all making these unreal returns....embarrasing

    Goldman Sachs (GS) may face bad publicity, hostile Congressmen, and campaigns by shareholders to cut compensation, but it remains a money making machine. The bank has disclosed that it had 131 trading days last year in which it made at least $100 million in net trading revenue -- a new record for the bank. The data comes from the firm's 10-K and was first reported in the FT. The paper points out that Goldman's previous record was 90 days in 2008.

  • #2
    I remember something about Goldman where they had like 74 out of 75 trading days where they made money which was another record. These banks are manipulating stocks to make back a lot of the monies that they have lost by putting themselves in bad situations with bad loans, worthless paper trading etc.

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    • #3
      it's right here

      Fund My Mutual Fund: Goldman Sachs (GS) Q3 Winning Percentage: 98.4%

      Comment


      • #4
        Originally posted by BettorsChat View Post
        I remember something about Goldman where they had like 74 out of 75 trading days where they made money which was another record. These banks are manipulating stocks to make back a lot of the monies that they have lost by putting themselves in bad situations with bad loans, worthless paper trading etc.
        Oh, but don't forget, we're suppose to reward the wealthy by not taxing them and allow them to make more money because at some point it's going to trickle down to the rest of us.

        KAZ
        [email protected]

        I'm just here so I won't get fined....

        Comment


        • #5
          Originally posted by KazDog View Post
          Oh, but don't forget, we're suppose to reward the wealthy by not taxing them and allow them to make more money because at some point it's going to trickle down to the rest of us.

          KAZ
          Where did I say that? The wealthy such as CEO's of Goldmans etc should get bonuses based on performance. Those CEO's that get millions to tens of millions for driving companies in the ground is BS. They should be fired and fined.

          Comment


          • #6
            Originally posted by Watchtower76 View Post
            Thanks for the link

            That is absurd winning rate on trades. They are manipulating the market.

            Comment


            • #7
              Originally posted by BettorsChat View Post
              Where did I say that? The wealthy such as CEO's of Goldmans etc should get bonuses based on performance. Those CEO's that get millions to tens of millions for driving companies in the ground is BS. They should be fired and fined.
              You didn't say that....I was being sarcastic to those on this board who do believe in that. And there are some, no doubt.

              KAZ
              [email protected]

              I'm just here so I won't get fined....

              Comment


              • #8
                Originally posted by BettorsChat View Post
                Thanks for the link

                That is absurd winning rate on trades. They are manipulating the market.
                You know exactly what they are doing.....They are keeping the stock market up so that the avg. joe looks at his 401k and sees that things are going fine compared to a year ago on march 9th when the S&P hit 666, but yet no one has money to invest, it's just the free money ben is handing out to the banks and watching our country be the laughing stock of the world.....And it's all fake, brought up by nothing more then free money to all the big banks and the printing press that has been running for 1 year straight now....but lets shift the focus on health care and not care one bit about my kids, who sooner or later will have to pay for this careless money managment.... i'll say it once, i'll say it again, our country is F'd...Who is hiring?

                look at these articles, cuz once the printing press stops, good bye economy and your 401k cuz the shoe will be so far up our ass's when they stop buying this stock market, in a matter of a week it will be down in the 8k area...


                Guest Post: Is The SPY Getting A "Jump" At Key Levels From A Quant Algo? | zero hedge

                Goldman And JPMorgan SPY Holdings Double Over Prior Quarter, And Other SPDR Observations | zero hedge

                better graph of unreal and embarrasing this is getting about g.s trading below

                Goldman Reports Q4 Revenue Days: $100MM+ Profitable Days Plunge From 36 To 15; Ratio Of $100MM+ Wins/Losses Days In 2009: 131 To 0 | zero hedge

                Comment


                • #9
                  Originally posted by Watchtower76 View Post
                  You know exactly what they are doing.....They are keeping the stock market up so that the avg. joe looks at his 401k and sees that things are going fine compared to a year ago on march 9th when the S&P hit 666, but yet no one has money to invest, it's just the free money ben is handing out to the banks and watching our country be the laughing stock of the world.....And it's all fake, brought up by nothing more then free money to all the big banks and the printing press that has been running for 1 year straight now....but lets shift the focus on health care and not care one bit about my kids, who sooner or later will have to pay for this careless money managment.... i'll say it once, i'll say it again, our country is F'd...Who is hiring?

                  look at these articles, cuz once the printing press stops, good bye economy and your 401k cuz the shoe will be so far up our ass's when they stop buying this stock market, in a matter of a week it will be down in the 8k area...


                  Guest Post: Is The SPY Getting A "Jump" At Key Levels From A Quant Algo? | zero hedge

                  Goldman And JPMorgan SPY Holdings Double Over Prior Quarter, And Other SPDR Observations | zero hedge

                  better graph of unreal and embarrasing this is getting about g.s trading below

                  Goldman Reports Q4 Revenue Days: $100MM+ Profitable Days Plunge From 36 To 15; Ratio Of $100MM+ Wins/Losses Days In 2009: 131 To 0 | zero hedge
                  I will agree with you to a certain point. This Country has been on a downward spiral since Reagan was President.

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