Announcement

Collapse
No announcement yet.

Goldman has ZERO trading loss days last quarter

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Goldman has ZERO trading loss days last quarter

    In the quarter ended March 31, Goldman made money on every single trading day. The firm did not record a loss of even $0.01 on even one day in the last quarter. That's 63 days profitable out of 63 trading days. The statistic probability of this event is itself statistically undefined. Goldman is now the market - or, in keeping with modern market reality, Goldman is the house, it controls the casino, and always wins. Congratulations America: you now have far, far better odds in Las Vegas that you have making money with your E-Trade account.

    Adding to the alice in wonderland insanity of this announcement, the firm made over $100 million daily on 35 different days. Of Goldman's $9.7 billion in total Q1 revenue, 76% came from trading. Forget investment banking, forget underwriting, forget advisory: over three quarters of the firm's value is based on being the house to the biggest corrupt casino in existence. Ever.

    Unfuckingbelievable: Goldman Has Zero Trading Loss Days In Last Quarter | zero hedge

  • #2
    and another one that i think is so funny.....

    Moody's (MCO -8.4%) CEO Raymond McDaniel dumped 100,000 shares of company stock the day the Wells Notice arrived, and Berkshire Hathaway (BRK.A +4.5%) sold 678,000 shares that day and another approx. 300,000 in the following week. "Did Raymond McDaniel and Berkshire know about the Wells Notice when they sold their stock?" Henry Blodget asks.

    Hello SEC where are you????? wash hands, rinse and move on drinking kool aid

    Def of a wells notice

    A Wells Notice is a letter that the U.S. Securities and Exchange Commission (SEC) sends to people or firms when it is planning to bring an enforcement action against them. The Wells Notice indicates that the SEC staff has determined it may bring a civil action against a person or firm, and provides the person or firm with the opportunity to provide information as to why the enforcement action should not be brought.
    Regulators are not legally required to provide a Wells Notice; however, it is the practice of the SEC and FINRA to provide such notice.

    Get more corrupt mr stock market......

    Comment


    • #3
      Originally posted by Watchtower76 View Post
      In the quarter ended March 31, Goldman made money on every single trading day. The firm did not record a loss of even $0.01 on even one day in the last quarter. That's 63 days profitable out of 63 trading days. The statistic probability of this event is itself statistically undefined. Goldman is now the market - or, in keeping with modern market reality, Goldman is the house, it controls the casino, and always wins. Congratulations America: you now have far, far better odds in Las Vegas that you have making money with your E-Trade account.

      Adding to the alice in wonderland insanity of this announcement, the firm made over $100 million daily on 35 different days. Of Goldman's $9.7 billion in total Q1 revenue, 76% came from trading. Forget investment banking, forget underwriting, forget advisory: over three quarters of the firm's value is based on being the house to the biggest corrupt casino in existence. Ever.

      Unfuckingbelievable: Goldman Has Zero Trading Loss Days In Last Quarter | zero hedge
      Screw artists! They had only 1 trading loss day the quarter before this one.

      Comment


      • #4
        so shady

        Comment


        • #5
          Originally posted by BettorsChat View Post
          Screw artists! They had only 1 trading loss day the quarter before this one.
          Watch the name calling

          Comment


          • #6
            Do you guys know why Goldman's CEO sat and took it a few weeks ago when Congress was bashing him and his firm? Simple, Goldman and its partners comprise the SINGLE largest ownership in the CCX (the Chicago Climate Exchange). He had to take that tongue lashing knowing full well that the Admin is going to ram Cap & Tax down our throats and that will make the CCX worth an estimated $10 TRILLION. If C&T passes, GS and cronies will make far more from that investment in 2013 than they ever made in the investment banking business....If you think I'm making this up, do the reasearch. Goldman and Gore (with his London based partners, the second largest ownerof the CCX) will be screwing us until we're all in the poorhouse.

            Comment

            Working...
            X