Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
It would be irresponsible not to speculate, so I'm guessing that Goldman Sachs is extracting significant monopoly rents through its domination of program trading. $6.5 billion profits in a quarter might represent both pennies per trade in terms of the market volume and a big share of overall profits.
by nanne (zwaerdenmaecker@gmail.com) on Tue Jul 14th, 2009 at 04:02:41 PM EST
[ Parent ]

Others have rated this comment as follows:

Migeru 4

Display:

Occasional Series