3 ms·
It's a good entertainment read but taking apart a hedge to prove a point can get misleading pretty fast. For instance, if you don't like Goldman's shorts, Goldm
by johnl 16y ago
It's a good entertainment read but taking apart a hedge
to prove a point can get misleading pretty fast. For instance,
if you don't like Goldman's shorts, Goldman could have created the same hedge results by taking a long position in gold. Hopefully the result of the discussions will lead to better transparency.