Goldman bans the very bets JPMorgan wants to sell
Covered by 2 sources · 2 articles
2 outlets - including Yahoo and Thestreet - are covering this story. Wall Street has always preferred to sell the shovels rather than dig for gold. The house keeps its cut whether the player wins or loses, and the oldest edge in finance is owning the table instead of sitting at it. That instinct built the tr…
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Goldman bans the very bets JPMorgan wants to sell
Goldman bans the very bets JPMorgan wants to sell
Wall Street has always preferred to sell the shovels rather than dig for gold. The house keeps its cut whether the player wins or loses, and the oldest edge in finance is owning the table instead of sitting at it. That instinct built the tr…