Dot Com
Nullius in verba
Poor investment banks aren't able to rip as many people's faces off
Slump in Trading Threatens a Wall Street Profit Engine - WSJ.com
Commodities? WAIT, WUT?!!! Anyone remember this?:
How Goldman Cost $5 Billion Manipulating Aluminum Inventories (and Copper is Up Next) | naked capitalism
A Shuffle of Aluminum, but to Banks, Pure Gold
Slump in Trading Threatens a Wall Street Profit Engine - WSJ.com
Executives have warned that lackluster markets could lead to year-over-year declines in fixed-income, commodities and currency trading revenue when banks begin reporting fourth-quarter results next week. That would mark the fourth consecutive drop and the 11th in the past 16 quarters.
Commodities? WAIT, WUT?!!! Anyone remember this?:
How Goldman Cost $5 Billion Manipulating Aluminum Inventories (and Copper is Up Next) | naked capitalism
The article A Shuffle of Aluminum, but to Banks, Pure Gold by David Kocieniewski, tells us that the newly-permissive rules allowed Goldman to buy Metro International Trade Services, a concern in Detroit with 27 warehouses that handles a bit over 25% of the aluminum available for delivery.
A Shuffle of Aluminum, but to Banks, Pure Gold