Re: [RT] GS

[bradcline@xxxxxxxxxxx]

Goldman doesn't know that its clients will take action on these "investment ideas"  that it "shares". It may be legal, but it shouldn't be. It is at the very least unethical. You can bet is was probably dreamed up by some of their attorneys over a few drinks throwing out ideas to exploit their customers in another way. Brokers shouldn't be allowed to run a prop desk and trade their own book.

 

 
----- Original Message -----
From: "Ben" <profitok@xxxxxxxxxxxxx>
To: realtraders@xxxxxxxxxxxxxxx, ronmac17@xxxxxxxxx, mary28jes@xxxxxxxxx
Cc: "Vince Donovan" <vince.donovan@xxxxxxxxxxx>, "vince donovan" <vince.donovan@xxxxxxxxxxx>, panda2222@xxxxxxxxxxxxx
Sent: Tuesday, January 12, 2010 9:49:21 PM GMT -08:00 US/Canada Pacific
Subject: [RT] GS

 

* In an e-mail message to select clients, Thomas Mazarakis, the head of Goldman Sachs Group Inc's fundamental strategies group, acknowledged that his unit often provided investment ideas that the firm had already traded on. Sometimes Goldman has even taken the opposite approach, betting against particular instruments that the group has recommended.

 

__._,_.___

Your email settings: Individual Email|Traditional
Change settings via the Web (Yahoo! ID required)
Change settings via email: Switch delivery to Daily Digest | Switch to Fully Featured
Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe

__,_._,___