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WEDNESDAY JUNE 18
Steal From Goldman’s Playbook As big banks get pummeled the world over, one mammoth securities firm is rising from the subprime slime to post a mere 11% hit to its profit in one of the worst quarters ever to sock itself to the brokerage business. So far, so good. But how did Goldman do it? If we told you, we’d have to kill you. But we can give you a hint: do not be averse to doing deals with a top hedge fund looking to offload its pesky SIV. Like this one. June 2008New User?Sign up to get free access to TraderDaily.com
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