How One Goldman Sachs Trader Made More Than $100M

Re:How One Goldman Sachs Trader Made More Than $100M by qaq on Wednesday October 19, 2016 @06:51PM (#12748404)

They made money and later payed a fine , how is this disputes a statement that GS does not take large unhedged positions?

[ Parent | on HN ]

Re:How One Goldman Sachs Trader Made More Than $100M by kafkaesq on Wednesday October 19, 2016 @07:39PM (#12748692)

The point is that the assertion you attempted to make in favor of the idea that GS just of course wouldn't take large unhedged positions -- "they run a tight shop" -- just doesn't have a great deal of solid backing.

[ Parent | on HN ]

Re:How One Goldman Sachs Trader Made More Than $100M by qaq on Wednesday October 19, 2016 @07:44PM (#12748719)

If you provide an example of a large unhedged position that GS has on the books I'll totally believe you.

[ Parent | on HN ]

Re:How One Goldman Sachs Trader Made More Than $100M by kafkaesq on Wednesday October 19, 2016 @07:51PM (#12748755)

You can believe whatever you want. Based on my own research over the years -- and personal dealings with people who have worked there -- I tend not to trust that "shop".

[ Parent | on HN ]