Goldman Sachs Group Inc. is exploring how it could help clients trade bitcoin and other digital currencies, according to a person briefed on the plan.Their clients may end up taking a bath, but the Evil Vampire Squid will make money on both sides of the deal. That you can take to the bank.
The New York-based bank is in talks with cryptocurrency experts but hasn’t yet formulated a business plan, a timetable for implementation or made any bitcoin-related investments, according to the person who asked not to be identified talking about internal deliberations.
Tuesday, October 3, 2017
A Really Good Gauge of Financial Fuckery; Vampire Squid Ed.
You can be pretty sure that something is financially evil when Goldman Sachs is getting into it:
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