Goldman bag of tricks

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It is no secret that recently a lot of suspicion about Goldman Sachs. If, as record corporate profits in the July report was a success, after payment of a loan of taxpayer 10000000000 last year (from) the company or exchange program at issue in high frequency. An article in Rolling Stone in July Goldman because of all the economic bubble, the scourge of society as a "great vampire squid from all over the face of humanity, its inexorable blockBlood funnel all the money smells. However, the company is bad, or work in an imperfect system?

The New York Times has an article on Goldman's trading high frequency in July. The fear is that market manipulation Business High Frequency Trading. However, the most controversial aspect is the High Frequency Trading flash business, which are essentially a couple of dealers access to orders before their execution (for a price, of course). SinceThe article, sent a letter to Goldman clients trading accounts for high frequency less than 1% of the total turnover of the company and the trade Frontrun with Flash, although the company did not promise the same for non-customers.

used regardless of the value of transactions with high frequency in major banks like Goldman, but the practice may seem immoral, the beats for a reason that the bank does not work with this tactic. If Goldmantakes a large investment in technology should be within the law, may be awarded.

legislators are poorly informed on the key issue here (as always). Goldman Sachs has created a responsibility to its shareholders the maximum value possible within the law. If Goldman did not participate, then those practices are not acting in the best interest of shareholders. It is part of the legislature in regulated activities as"Immoral".

Capitalism is not in itself a "legal system. Morality is a human invention and not built on capitalism, but must be enforced by law. If capitalism has been followed to the letter, the survival of the fittest is our life, murder and theft to eat would be legitimate because they are simply the actions of the strongest or the smartest. stronger market regulation is a must for any type of morality may be applied.

I confess, Goldmanquoted several times on the edge of legality. In 2008, oil prices peak Goldman openly suggested that some might feel that oil will reach $ 200 a barrel. It was quite a surprise when it was discovered that the trade in raw materials has led to a significant number of sales in the coming months, Goldman? size of Goldman, which has the power to move markets with few words. Goldman is the responsibility of keeping his mouth to avoid the "dumb money"blindly jumping on the car? No se. What I know is that it is better to avoid the animal at his own game Investing for long-term benefits and most of the large cast.