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Goldman Sachs Hands Clients Losses in ‘Top Trades’
http://www.bloomberg.com/apps/news?pid=20601087&sid=aF5tV7uvY0FU&pos=3
Goldman Sachs Group Inc. racked up trading profits for itself every day last
quarter. Clients who followed the firm’s investment advice fared far worse.
Seven of the investment bank’s nine “recommended top trades for 2010”
have been money losers for investors who followed the New York-based firm’s
advice, according to data compiled by Bloomberg from a Goldman Sachs
research n
http://www.bloomberg.com/apps/news?pid=20601087&sid=aF5tV7uvY0FU&pos=3
Goldman Sachs Group Inc. racked up trading profits for itself every day last
quarter. Clients who followed the firm’s investment advice fared far worse.
Seven of the investment bank’s nine “recommended top trades for 2010”
have been money losers for investors who followed the New York-based firm’s
advice, according to data compiled by Bloomberg from a Goldman Sachs
research n