Blog on the Run: Reloaded

Wednesday, November 4, 2009 11:16 pm

Interesting

Filed under: I want my money back. — Lex @ 11:16 pm
Tags: , ,


Zero Hedge points out an, ahem, interesting pattern:

  • Goldman Sachs has lost money in its trading on precisely three days in the last two quarters.
  • On an unprecedented 116 of 194 trading days so far this year, Goldman Sachs has made $100 million or more.

ZH adds:

Is this a ponzi scheme? We surely don’t know absent additional information (which will never be forthcoming, despite that GS is a public company). Is this comparable to the returns generated by a ponzi scheme? Absof—–lutely.

Say it with me, kids: Rigged. Game.

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