Goldman will disclose its margin, profit and loss from the day the trades were booked as well as a month later. It will also disclose the reserves it set aside for each trade, the parties said during a case-management hearing at London’s High Court….
The authority contends that a standard margin for trades like the ones in its suit would be 5 percent, compared with the 20 percent to 40 percent charged by Goldman.
Libya To Goldman Sachs: We're Naive, But You're Mean
Camels and hookers and billion dollar trading losses, oh my.
Prostitute Goldman Sachs Banker Procured For Libyan Client Drove A Hard Bargain
When this is all over she could get a job on Goldman's M&A team.
Goldman Sachs Making Room For New Child By Evicting Slightly Older Brother
It’s OK, though: Simon has already mastered structured finance.