Sunday, April 25, 2010

The profit Goldman made from the suspected positions the published emails in the Press tried to incriminate represent less than 0.25% of the 2008 all year profit and less than 0.02% of 2009s.
Do I buy Goldman management has knowlingly authorise or encourage anyone in the company or the entire company to engage into some sophisticated deal aimed at compromise some clients interests the bank was advising, part of deals that on another hand the company was betting against to make a profit of that level exposing the entire company's reputation on a one time coup? I'm afraid the answer is NO.
?? Do you?

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