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Goldman Sachs is making daily profits of $100m
thisislondon.co.uk ^ | 8/5/09 | Jim Armitage

Posted on 08/05/2009 10:00:43 PM PDT by Nachum

Goldman Sachs traders in London and New York made a daily profit of more than $100 million (£58.8 million) on an astonishing 46 days during the past quarter.

The record figure revealed by the bank this afternoon meant it broke the $100 million-a-day barrier on three out of every four working days.

As market conditions improved during the quarter, it easily beat its 34-day record for making that figure in January, February and March.

Goldman lost money on trading activities on only two days in April, May and June, compared with eight days in the preceding three months.

Its record profits and huge likely bonuses for the quarter have sparked an unprecedented backlash against the bank, with many

(Excerpt) Read more at thisislondon.co.uk ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: daily; goldman; goldmansachs; making; sachs
And that doesn't count the payoff to the Chicago thugs.
1 posted on 08/05/2009 10:00:43 PM PDT by Nachum
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To: Nachum

Of course, Government Sachs is in a position to profit from everything.


2 posted on 08/05/2009 10:02:31 PM PDT by nickcarraway
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To: Nachum

I am telling you they are hedging the funds while printing money to inflation so people like Soros will be filthy rich and we will be filhy poor. Time to go after Soros and his bandits. They are created an elite class of too rich off our backs and our country. They are manipulating the stock market in ways that are right out front; but they hope you are to unknowledgable to see.


3 posted on 08/05/2009 10:04:44 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: Nachum

It helps when you have the government as your pet.


4 posted on 08/05/2009 10:23:44 PM PDT by Tempest (Honk if I'm paying for your bonus.)
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To: nickcarraway
“Government Sachs is in a position to profit from everything.”
I prefer the name “GoldFellas”
5 posted on 08/05/2009 10:44:20 PM PDT by Polynikes (Viene una tormenta)
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To: Nachum
Insiders who know where the Federal Reserve will send its billions are in position to make a killing. Ron Paul's bill HR 1207 will enable auditing of the Fed to show who is getting the money.

The entire House Republican caucus and many Democrats are cosponsors. Only the Democrat and RINO elite stand in the way of auditing the Fed. 75% of the public are in favor. This should become a major 2010 campaign issue.

6 posted on 08/05/2009 10:46:09 PM PDT by Kells
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To: freekitty

“Time to go after Soros and his bandits.”

Yes, but who would replace him as an Obammie puppet master?


7 posted on 08/05/2009 11:09:16 PM PDT by AlexW (Now in the Philippines . Happy not to be back in the USA for now.)
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To: AlexW

I hope no one. I hope it would take both down. LOL


8 posted on 08/05/2009 11:16:56 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: Polynikes

Let’s call them “Goldfinger”, the name of a rich gynecologist.

Why not? They’re gonna screw us one way or the other.


9 posted on 08/05/2009 11:33:28 PM PDT by MadMax, the Grinning Reaper
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To: Nachum

Thank goodness! This means the US economy is all better now! /s/ Wait ‘til Bam extracts the payment from the US taxpayer to pay for the banksters “doing so well.”


10 posted on 08/06/2009 11:15:16 AM PDT by SaraJohnson
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