May 19th in Banking News, Goldman Sachs, International by Editor .
Goldman: heads we win, tails you lose
Goldman acheived a 100% record profiting every day last quarter, clients however…
…might not have got so lucky if this piece of research by Bloomberg is anything to go by:
Bloomberg: Seven of the investment bank’s nine “recommended top trades for 2010” have been money losers for investors who adopted the New York-based firm’s advice, according to data compiled by Bloomberg from a Goldman Sachs research note sent yesterday.
An unfair comparison but amusing all the same.
