…cuz Goldman Sachs’ Global Alpha fund is coming to an end. Clients are withdrawing their moneys left and right, and word has it the fund is down -12% YTD: Goldman Sachs Group Inc., the fifth-biggest U.S. bank by assets, will shut its Global Alpha fund after clients pulled money from the quantitative trading pool that [...]
Entries Tagged as 'goldman sachs'
Jail: It’s Not Just For Poor People Anymore
April 14th, 2011 · 3 Comments · all ur bankz, goldman sachs
So as it happens, during hearings before a Senate panel last year, Goldman’s Lloyd Blankfein might have lied a little (a lot) about his firm’s position in the mortgage market. We know, we should have asked you to sit down before reading this shocking news. Trust us, we were every bit as surprised (none) as [...]
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$GS Misses The Point
July 29th, 2010 · No Comments · all ur bankz, fail, goldman sachs
Let’s say, for the sake of argument, that you and I had devised a deal that would make us a lot of money at the expense of someone else. We would, of course, never do such a thing, but let us pretend. This being the 21st century, we would, naturally, communicate about this deal via [...]
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Goldman Sachs: The Movie
July 24th, 2010 · 3 Comments · goldman sachs
Documentary maker Ric Burns (brother of Ken) is in the middle of shooting (what else) a documentary about vampires and squids, so naturally Goldman came up. This hard-hitting piece will expose, once and for all, the seedy underbelly of America’s most evil corporation, shining the light of truth and justice on its many misdeeds, and [...]
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Christopher Whalen Calls For Lloyd’s Head
July 16th, 2010 · 1 Comment · goldman sachs
Goldman gets a $550 million dollar fine for misrepresenting tranches of subprime fail as something other than an investment in horse manure, which sounds big in theory, but in practice, it’s only the equivalent of their two-week paycheck: Goldman earned $3.84 billion in the quarter, atop a staggering $12.78 billion in revenues. By that measure, [...]
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