Monday, August 24, 2009

More on Goldman Sachs

Matt Taibbi posts an interesting analysis of a WSJ piece describing how GS gives out info to commission paying players before it's public, allowing them to buy early and then flip it back when the info is made public, in this case making 6%. He follows with a wild quote from Cramer about how his wife made her money basically just flipping stocks back after GS or ML analysts went public.

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