Goldman Sachs Trading Cash Machine and their Proprietary Program Trading Profits Machine
90% profits of $13 billion in prop trading for last year in 2012
75% of 2009 profit from trading
Who cares? I thought this was capitalism so why attack on them
Prop trading is their job.
The solution for Goldman is to get rid of their clientele as they make more money for themselves. That is what I would do.
Granted Goldman Sachs do shady stuff, they should clean it up and tell the truth.
At 8:32 the hudge fund guy makes an awesome point!! Watch it.
Also, in the other video it seems that there are the hypocrites who will gladly take the big bucks from their employer and turn on them. Nice.
NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!