Monday, May 10, 2010

Goldman Sachs Trading Perfection: 100% Success Now

In a SEC filing GS reported that its traders managed to best their one record and made money every single day of the first quarter.

GS had never accomplished this before (we wonder if they shorting theselves too?).

Simply Perfect: 100% Successful days

Yes, we know, we thought it was impossible before, for the rest of us, but apparently not for GS.

"Daily trading net revenue was $25 million or higher in all of the first quarter’s 63 trading days, [...] The firm reaped more than $100 million on 35 of the days, or more than half the time".

It's like Usain Bolt besting his world record again.

Stumble Upon Toolbar

No comments:

Financial TV

Blog Archive

// adding Google analytics