Monday, May 10, 2010

GoldmanTax...NO LOSING TRADING DAYS THIS QUARTER

This is from zerohedge.com...thanks Tyler. Absolutely ridiculous.

Unfuckingbelievable: Goldman Has Zero Trading Loss Days In Last Quarter    
Submitted by Tyler Durden on 05/10/2010 07:54 -0500

If you ever wanted to see what monopoly looks like in chart form, here it is:


In the quarter ended March 31, Goldman made money on every single trading day. The firm did not record a loss of even $0.01 on even one day in the last quarter. That's 63 days profitable out of 63 trading days. The statistic probability of this event is itself statistically undefined. Goldman is now the market - or, in keeping with modern market reality, Goldman is the house, it controls the casino, and always wins. Congratulations America: you now have far, far better odds in Las Vegas that you have making money with your E-Trade account.
 
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