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Goldman Sachs to slash London presence due to Brexit


TheCountOfNowhere

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HOLA441
2 hours ago, Dorkins said:

Yet another thread ruined by posters obsessed with migrants from Eastern Europe. If you guys want to talk about "EErs" can you please start a new thread?

It's an obsession. When you see a nail every solution is a hammer. When you see problems in society all you see is one cause. To say otherwise is pandering to know nothing experts.

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HOLA442
23 hours ago, spyguy said:

No.

The state and condition of he UK is down to a fck up trinity of BTL, EU migrants and tax credits.

EU migrants come over, claim tax credits, which is then given to BTL LLs.

Id not say EU/EE migrants are the root of the problem - the problem is tax credits. But they are facilitating the BTLers.

 

The thread was about Goldman Sachs.

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HOLA448
1 hour ago, Peter Hun said:

Hospitals and schools that their taxes pay for.

Estimated cost of 2008 bank bailout: £500bn

Annual tax take from the City: about £60bn.

So yeah, finally paying their way again after a decade.

 

(Sorry about previous post - forum software playing silly b*ggers, and I can't delete it)

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  • 2 weeks later...
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HOLA4410
On 19/01/2017 at 10:08 PM, Peter Hun said:

 

So you know nothing about trading.

 

https://www.technologyreview.com/s/603431/as-goldman-embraces-automation-even-the-masters-of-the-universe-are-threatened/

'At its height back in 2000, the U.S. cash equities trading desk at Goldman Sachs’s New York headquarters employed 600 traders, buying and selling stock on the orders of the investment bank’s large clients. Today there are just two equity traders left.

Automated trading programs have taken over the rest of the work, supported by 200 computer engineers. Marty Chavez, the company’s deputy chief financial officer and former chief information officer, explained all this to attendees at a symposium on computing’s impact on economic activity held by Harvard’s Institute for Applied Computational Science last month.'

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