GS Needs to Watch Who Gets a Copy of their Research

Interesting piece by the WSJ regarding a strategy note from GS

A top Goldman Sachs Group Inc. strategist has provided the firm's hedge-fund clients with a particularly gloomy economic outlook and suggestions for how these traders can take advantage of the financial crisis in Europe.

In a 54-page report sent to hundreds of Goldman's institutional clients dated Aug. 16, Alan Brazil—a Goldman strategist who sits on the firm's trading desk—argued that as much as $1 trillion in capital may be needed to shore up European banks; that small businesses in the U.S., a past driver of job production, are still languishing; and that China's growth may not be sustainable.

http://online.wsj.com/article/SB10001424053111903…

 

And? How does this support your title. Desk strategists get paid to monetize their research and analysis, and that is accomplished by getting it out to clients who then turn it into flow for the desk.

I am permanently behind on PMs, it's not personal.
 

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