SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: shades who wrote (51026)1/23/2006 5:51:06 PM
From: Mike Johnston  Read Replies (1) of 110194
 
GS guys are not crooks, they just get the heads up from appropriate people. Look at it as simply the most sophisticated kind of insider trading.

The elimination of 30 yr bond few years ago, they cleaned up very well at that time. And how about a surprise 50 basis point final cut by the Fed. Turned out GS was the only one on the street betting for 50, they made about 80 million that day prompting cries of fraud from eurodollar futures trading community.

Maybe they are just lucky.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext