Is Goldman frontrunning? Is it straight ponzi? Fair to assume they cheat?

Stick all your provocative and controversial topics here. Then stick them up your ass, you fascist Nazi!
Post Reply
annarborgator
Posts: 8886
Joined: Sun Jun 17, 2007 5:48 pm

Is Goldman frontrunning? Is it straight ponzi? Fair to assume they cheat?

Post by annarborgator »

With results like these...ie never losing on their trades....something's rotten in the state of Denmark...fuck these assholes and the bullshit "government" they run.
Goldman reported their $100MM+ trading days. It is a stunner: Goldman made over $100 million on 46 out of the 65 total trading days in Q2, 70% of total. Goldman made over $50 million on 58 of the 65 total trading days in Q2, 89.2% of total.
{. . .}
Wow. But surely this phenomenal improvement in daily P&L generation came as a result of the firm taking on more risk? Why, no Virginia- Goldman's VaR at the end of Q2 was lower than the end of Q1.
http://www.zerohedge.com/article/goldmans-42-100mm-trading-days-q2-absolute-unprecedented-record-just-two-days-trading-losses
I've never met a retarded person who wasn't smiling.
Post Reply