http://www.wsj.com/articles/how-one-goldman-sachs…
"“It goes against everything we’ve been seeing the last three years,” Thomas Hearden, senior trader at hedge-fund firm Skylands Capital LLC, said when he was told about Mr. Malafronte’s trades.
Mr. Malafronte’s trades were a rare positive during a tough stretch for Goldman’s securities business."
Lets discuss
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^^ GS HY trader bought a bunch of bonds, flipped them after oil/other indicators were released, made bank. People arguing over whether it was market making or prop.
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