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Comments (26)

  1. Posted by guest | April 14, 2009 at 5:13 PM

    BAAAAAAAAAAALLLIN’

  2. Posted by guest | April 14, 2009 at 5:15 PM
  3. Posted by guest | April 14, 2009 at 5:19 PM

    I do debt. Someone smarter than I please explain.

  4. Posted by guest | April 14, 2009 at 5:28 PM

    what is this? please explain, I work in PWM, gutted i know but a job is a job at the moment…

  5. Posted by guest | April 14, 2009 at 5:33 PM

    Dip Set, Dip Set, Dip Set!!!

  6. Posted by guest | April 14, 2009 at 5:49 PM

    Word is that the new FRMSN and KNGHTMPLR black box strategies are generating the volume.

  7. Posted by guest | April 14, 2009 at 5:50 PM

    I heard the same thing as #6

  8. Posted by guest | April 14, 2009 at 5:51 PM

    GS is apparently still very active in prop trading. More than 80% principal trades. Comparing this with 41% for CS, 28% for MS and 49% for MER, Goldmans should put more energy in attracting stable and recurring client business.

  9. Posted by guest | April 14, 2009 at 6:04 PM

    @8 i work on the buy-side at a ~$6b fund. i dont like giving trading business to goldman. their sales people are arrogant and give crummy service…the only time i ever get calls from them is when they are pimping a deal stock. i like their analysts though.
    its going to take a lot of work for them to improve their perception amongst the buysiders.

  10. Posted by guest | April 14, 2009 at 6:04 PM

    OH SNAP!!! Someone call Maxine!!!

  11. Posted by guest | April 14, 2009 at 6:12 PM

    @10 why bother then? just continue raping those who bend over

  12. Posted by guest | April 14, 2009 at 6:17 PM

    a more stable and recurring client business would be nice for them to have, not to mention profitable.
    although maybe from their perspective its not worth the effort.

  13. Posted by guest | April 14, 2009 at 6:25 PM

    6: Actually most of their volume is driven off of their SATN strategy.

  14. Posted by guest | April 14, 2009 at 7:12 PM

    9, you are so right. But I prefer them shaved.

  15. Posted by Finnegan | April 14, 2009 at 7:51 PM

    stable and recurring client business is being given a fish.
    prop trading business is having a fishing rod.

  16. Posted by guest | April 14, 2009 at 7:51 PM

    +1 for 6 and 11
    by far some of the best comments in a long time

  17. Posted by guest | April 14, 2009 at 8:20 PM

    Equity Private stealing from Zero Hedge… it would be nice if you gave them a hat tip..

  18. Posted by guest | April 14, 2009 at 8:42 PM

    agreed @8, what happened to the simmering sibling rivalry?
    also what is the timeline of these trades? how do dark pools figure? is principal really only their own book?
    similarly as shoddy as ZH on this one, but again there was some light in the comments

  19. Posted by guest | April 14, 2009 at 9:27 PM

    These numbers are meaningless. Program Trading as a term meant something when most trades were executed on the NYSE. Per the NYSE website: “Program trading is defined as a wide range of portfolio trading strategies involving the purchase or sale of 15 or more stocks having a total market value of $1 million or more” That’s all it means. Seeing as the NYSE is lucky to trade more shares in NYSE listed stocks than NASDAQ does of NYSE stocks (http://www.batstrading.com/market_summary/) in a given day most Goldman Sach’s customers should be asking why Goldman is wasting its time trading at the venue with the least liquidity, highest explicit trading costs, worst market impact, and highest latency.

  20. Posted by guest | April 14, 2009 at 10:18 PM

    The current CEO of NYSE, as well as the former CEO, came from GS. GS was instrumental in the reverse-IPO that took NYSE public to begin with as well.

  21. Posted by guest | April 14, 2009 at 11:26 PM

    Once the CNBC studio rent money runs out the best use of the NYSE trading floor will be as a night club or event space.

  22. Posted by guest | April 15, 2009 at 5:05 AM

    GS = Plunge Protection Team (PPT)

  23. Posted by guest | April 15, 2009 at 6:16 AM

    Market manipulation thy name is GOLDMAN!

  24. Posted by guest | April 15, 2009 at 8:53 AM

    Trading against your customer is the new killing it!
    Fo shizzle

  25. Posted by guest | April 15, 2009 at 9:11 AM

    http://www.liquidnet.com
    suck it, sheep
    -tgwwbh

  26. Posted by guest | April 15, 2009 at 11:24 AM

    Their BO-HICA strategy is working well. Bend Over- Here It Comes Again.

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