Goldman Sachs makes $1 billion profit on food price speculation

Discussion in 'Wall St. News' started by THE-BEAKER, Jul 19, 2010.

  1. Speculating on commodities is the oldest market we have.

    I don't see anything new here...
     
    #11     Jul 19, 2010
  2. #12     Jul 19, 2010
  3. How many kgs make up a bushel?.
     
    #13     Jul 19, 2010
  4. you owe me a new keyboard.
     
    #14     Jul 19, 2010
  5. One man's famine is another man's feast.
     
    #15     Jul 19, 2010
  6. Daal

    Daal

    OP,
    they made $1b trading and you didnt like that, what on earth are you doing in a TRADING FORUM??
     
    #16     Jul 19, 2010
  7. LEAPup

    LEAPup

    Nothing new with this, I agree.
     
    #17     Jul 19, 2010
  8. MattF

    MattF

    well they just paid off their fine...
     
    #18     Jul 19, 2010
  9. zdreg

    zdreg

    it is envy by people who don't have a pot to piss in and whose understanding of the capitalist system is minuscule.

    I recall goldman investing in a thai hotel chain at the peak of the asian crisis. a few months later this publicly trade investment was worth3x. most of you don't have access to the thai market.

    that's life. try harder.
     
    #19     Jul 19, 2010
  10. The day goldman sachs bankrupt, humanity will enter the golden age
     
    #20     Jul 19, 2010