In The Newz
Traders Blog | Friday 7 August 2009
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- Nonfarm payrolls down 247,000, right on top of Goldman’s whisper estimate, unemployment rate now 9.4%, bonds yields explode (BLS, AP)
- Insider trading probe at SocGen cost former IB chief his job, TCW co-founder Robert Day also under investigation (Bloomberg)
- Australian workers cut work hours instead of firing (Bloomberg, h/t Aditiya)
- Jonathan Weil: Blowing up your company gets raised to art form (Bloomberg)
- It’s not all golden at Goldman (Reuters)
- Goldman Sachs is (not) ripping you off (Ritholtz)
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