Top Quotes of the Week
4. Music Cue: Sad Trombone
When Goldman Sachs began winding down its proprietary trading operation with the Volcker Rule on the horizon, its star traders Pierre-Henri Flamand and Morgan Sze left the firm to start hedge funds. Their departures generated a fair share of attention from the media, and investors reportedly couldn't deliver their money to the upstart hedge funds fast enough.
— Justin Grant's piece "Hedge Funds Started By Ex-Goldman Traders Stumble Out of the Gate."
Source: Advanced Trading