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:

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