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Senior Manager
Senior Manager
Joined: 01 Mar 2009
Posts: 266
Own Kudos [?]: 156 [0]
Given Kudos: 24
Location: PDX
Concentration: Entrepreneurship
 Q44  V40
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Senior Manager
Senior Manager
Joined: 26 Apr 2009
Affiliations: ACA, CPA
Posts: 311
Own Kudos [?]: 272 [0]
Given Kudos: 41
Location: Vagabond
Concentration: Finance, Treasury, Banking
Schools:BC
GMAT 2: 620
WE 1: Big4, Audit
WE 2: Banking
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Current Student
Joined: 18 Dec 2007
Posts: 983
Own Kudos [?]: 144 [0]
Given Kudos: 10
Location: Hong Kong
Concentration: Entrepreneurship, Technology
Schools: Hong Kong University of Science and Technology (HKUST) - Class of 2010
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Senior Manager
Senior Manager
Joined: 26 Apr 2009
Affiliations: ACA, CPA
Posts: 311
Own Kudos [?]: 272 [0]
Given Kudos: 41
Location: Vagabond
Concentration: Finance, Treasury, Banking
Schools:BC
GMAT 2: 620
WE 1: Big4, Audit
WE 2: Banking
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Re: Goldman's expected record trading revenues [#permalink]
Government sacs are upto doing what they do best. Making more $$$$

https://www.bloomberg.com/apps/news?pid= ... 7l8iZHA49A
Manager
Manager
Joined: 22 Oct 2009
Posts: 223
Own Kudos [?]: 211 [0]
Given Kudos: 1
GMAT 1: 760 Q49 V44
GPA: 3.88
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Re: Goldman's expected record trading revenues [#permalink]
This is a ridiculous article. Sure, Goldman may have a record trading year... But everyone else is, too! Nearly every big bank on wall street has had a perfect trading year thus far (every day has been profitable) and trading revenues should be through the roof with all the volatility

Posted from my mobile device
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Senior Manager
Senior Manager
Joined: 26 Apr 2009
Affiliations: ACA, CPA
Posts: 311
Own Kudos [?]: 272 [0]
Given Kudos: 41
Location: Vagabond
Concentration: Finance, Treasury, Banking
Schools:BC
GMAT 2: 620
WE 1: Big4, Audit
WE 2: Banking
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Re: Goldman's expected record trading revenues [#permalink]
Thats coz the game is rigged and dice is loaded.

YourDreamTheater wrote:
This is a ridiculous article. Sure, Goldman may have a record trading year... But everyone else is, too! Nearly every big bank on wall street has had a perfect trading year thus far (every day has been profitable) and trading revenues should be through the roof with all the volatility

Posted from my mobile device
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Current Student
Joined: 05 Jan 2010
Posts: 370
Own Kudos [?]: 123 [0]
Given Kudos: 3439
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Re: Goldman's expected record trading revenues [#permalink]
snipertrader wrote:
Thats coz the game is rigged and dice is loaded.


Are you kidding? I just saw the guy behind the counter knock down those bottles. If he can knock 'em down, anyone can. Can you spare some cash, though? He took my last $20.
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Current Student
Joined: 11 Dec 2006
Posts: 1428
Own Kudos [?]: 233 [0]
Given Kudos: 6
Location: New York, NY
Concentration: Finance (Corp Fin, Financial Instruments)
Schools:NYU Stern 2009
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Re: Goldman's expected record trading revenues [#permalink]
The Algs have very little to play in making the money - it will be FICC again as the volume and spreads there make it a near foregone conclusion to make money. Chances are they will build that bit up again with the new legislation.

The game is rigged only in so much that as a broker you should always be able to make money if you understand the market. The spread adjusts to the vol and you should always take a cent.
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Intern
Intern
Joined: 16 May 2012
Posts: 1
Own Kudos [?]: [0]
Given Kudos: 0
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Re: Goldman's expected record trading revenues [#permalink]
wow ridiculous for sure!
GMAT Club Bot
Re: Goldman's expected record trading revenues [#permalink]

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