Wednesday, January 19, 2011
Goldmine Sachs has a poor year
With fewer investment banking opportunities and the normal investors taking a less active position, their normal revenues were seriously diminished. Their only serious profit center was their gambling with their own monies, which, like Le Chiffre , they did at a rigged game. The next year should be interesting. If the Facebook deal is any indicator, they are still willing to profit at their customers expense.
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