Perfect - 4 banks, 61 days, no losses

[DToM67]

I guess these guys are just that 'good'?:p


4 Big Banks Score Perfect 61-Day Run
By ERIC DASH
Published: May 11, 2010

"It is the Wall Street equivalent of a perfect game of baseball — 27 up, 27 down, the final score measured in millions of dollars a day.

Despite the running unease in world markets, four giants of American finance managed to make money from trading every single day during the first three months of the year.

Their remarkable 61-day streak is one for the record books. Perfect trading quarters on Wall Street are about as rare as perfect games in Major League Baseball. On Sunday, Dallas Braden of the Oakland Athletics pitched what was only the 19th perfect game in baseball history."

http://www.nytimes.com/2010/05/12/business/12bank.html

[reggie]

Re: Perfect - 4 banks, 61 days, no losses

I guess these guys are just that 'good'?:p


4 Big Banks Score Perfect 61-Day Run
By ERIC DASH
Published: May 11, 2010

"It is the Wall Street equivalent of a perfect game of baseball — 27 up, 27 down, the final score measured in millions of dollars a day.

Despite the running unease in world markets, four giants of American finance managed to make money from trading every single day during the first three months of the year.

Their remarkable 61-day streak is one for the record books. Perfect trading quarters on Wall Street are about as rare as perfect games in Major League Baseball. On Sunday, Dallas Braden of the Oakland Athletics pitched what was only the 19th perfect game in baseball history."

http://www.nytimes.com/2010/05/12/business/12bank.html

Well, pitching perfect games become a lot easier when one controls the umpires, both teams, the ball, the bats, the rules, and the audience largely thinks everyone on the field is operating on merit. In this world, a win is when the audience keeps attending and investing their labor in the show.

The movie Network illustrated this social dynamic.