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.