| 19.10.2011 - Goldman commods risk tumbles on tough markets |
| Goldman Sachs commodities business generated more revenue in the third quarter but treacherous markets forced it to slash risks, leading to overall losses at Wall Street's top bank. Goldman Sachs Group Inc's Value at Risk (VaR) for commodities averaged $25 million per day in the third quarter versus $39 million in the second quarter and $29 million in the third quarter of 2010, financial results on Tuesday showed..............................................Full Article: Source |