Banking, finance, and taxes

Goldman's (GS) Alpha Fund May Have Huge Loss For Year

According to Bloomberg "Goldman Sachs Group Inc.’s (GS) Global Alpha hedge fund may lose about $6 billion in assets this year, a 60 percent decline, because of trades that went awry and client withdrawals, according to two investors."

Even Goldman can’t be perfect all of the time.

Douglas A. McIntyre

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