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As fmstephe[0] pointed out earlier, Goldman makes their money by orchestrating the sale of these bonds. The performance of the derivative has no impact on their
by Judson 14y ago
As fmstephe[0] pointed out earlier, Goldman makes their money by orchestrating the sale of these bonds. The performance of the derivative has no impact on their profit from this deal.
[0]: http://news.ycombinator.com/item?id=5133766 http://news.ycombinator.com/item?id=5133766