A weblog that catalogs what's shaping the thinking at the DSB Policy Institute.

Wednesday, September 15, 2004

Goldman in a Bad Trade

NYPOST: Goldman Sachs is close to dumping the final piece of its American Stock Exchange stock options trading business for between $4 million and $6 million. Stuart Sternberg, who is leading the group that will buy the trading books, is a former partner at Spear Leeds Kellogg, the firm Goldman acquired in 2000 for $7 billion to be the core of its trading business.

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