Friday, August 27, 2010
Tuesday, August 10, 2010
The Recovery So Far....
Posted by Sean Doyle, August 10, 2010
(Just in case you were wondering, the monkey is the Fed, and the dog is the U.S. economy...)
(Just in case you were wondering, the monkey is the Fed, and the dog is the U.S. economy...)
Is Chairman Bernanke the hero of the Great Recession? WSJ Economics Editor David Wessel seems to think so...
Thursday, August 5, 2010
On The Road Of Capitalism There Are Passengers And There Are Drivers...
Posted by Colin Doyle, August 5, 2010.
"Pretty Boy" Lloyd's super-team has gone from perfecto to downright choppy in it's trading division. Goldman Sachs, which (remarkably) posted zero down trading days in Q1, has revealed in a filing that they had 10 days of trading losses in Q2. (Including 3 days of 100+ Million in losses...ouch)
Why the sudden change in trading performance? Insiders believe Lloyd's wild rock-n-rolla lifestyle may have contributed to the lackluster results.
Here's the linkage:
Dow Jones Newswires: Goldman Sachs Had 10 Days Of Trading Losses In 2Q- Filing.
Huffington Post: Goldman Sachs Makes Plan To Spin Off Prop Trading.
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