Thursday, 4 June 2009

Goldamn Sachs


The results of the trading activity for the NYSE were just published. No surprises here as we remember some very strange movements during last week. More than 33% of all buy and sell transactions was generated by program trading. and the leader of the pack is once more Goldman Sachs.

No, sir, they don't manipulate.

No, sir, just a coïnidence they work for their own account.

What's wrong, sir, with this kind of trading activity? Joe, the man of Main Street, you mean? You're naive, sir, because Wall street is there to part Joe from his money.

That is our job...


Sphere: Related Content

No comments:

Post a Comment

Enter your email address:

Delivered by FeedBurner