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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (41040)8/9/2011 9:10:59 AM
From: ggersh1 Recommendation  Read Replies (1) of 71475
 
The boyz are in of feed from the trough-g-

Goldman Crashes To Earth: Reports 24% Trading Day Losses In Q2, Compared to 1% In Q1Submitted by Tyler Durden on 08/09/2011 - 08:50

What a difference a quarter makes. Back in Q1, Goldman reported one (1) day in which it had a trading loss out of 62. It also reported 32 days on which it made over $100 million. Oh how the times have changed. According to the just released 10-Q, Lloyd Blankfein's firm suffered an epic implosion, recording 15 trading day losses out of 63, or a stunning 24% loss rate. And far worse: only 4 days in which Goldman recorded profits of $100 million. And that's why the stock is floundering. The only question is whether this was premeditated to shift the public anger away from Goldman which back in 2010 barely had any trading day losses in the entire year. And if not, what is the systemic change that caused this worst quarterly performance for Goldman in years?
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