May 19, 2010

Goldman Juxtaposed - Fiduciary Duty or Big Bonus

Exhibit 1 - 5/19/2010

Seven of the investment bank’s nine “recommended top trades for 2010” have been money losers for investors who adopted the New York-based firm’s advice... -Bloomberg  


Exhibit 2 - 5/11/2010

"Goldman Sachs Group Inc. (NYSE: GS - News) traders didn't lose any money at the end of each trading day during the first quarter, a first for the Wall Street firm, which typically loses funds on at least a handful of days in the period." -WSJ


Exhibit 3 - Date Unknown

Our clients' interests always come first.
Our experience shows that if we serve our clients well, our own success will follow. -Goldman


lol, wtf?

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