Why I Am Leaving Goldman Sachs. New York Time Op-Ed. March 14th 2012:
TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.
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posted by Skygazer
on Mar 14, 2012 -
150 comments
The rapid growth of electronic trading
since 1976 has benefited equity market participants by improving competition, reducing cost and increasing liquidity while insuring better pricing.
One unexpected side effect has been the recent emergence of
"dark pools of liquidity", or the secret stock market.
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posted by Mutant
on May 20, 2008 -
21 comments
While the US equities markets were closed on Monday for Martin Luther King Day, stock markets around the world took a nosedive,
losing billions in equity; the markets in
Australia,
South Korea,
Japan,
China,
Indonesia, Hong Kong,
Germany,
France,
the UK, and
more countries have dropped at least 5% each (
Canada only fell 4.75%), even though most of those markets had already been seriously down for several days prior.
India has been hit particularly hard, at one point down a whopping 11%, tripping their markets' automatic
"circuit breakers" for a mandatory time-out period, before scraping back up to close at
8% down. US futures markets are
currently predicting a 650+ point drop just at the open Tuesday morning, before even a single trade goes through.
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posted by Asparagirl
on Jan 22, 2008 -
306 comments
