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Goldman's Trading Tips Reward Its Biggest Clients

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DEPT. OF BIG PERKS
"Every week, Goldman analysts offer stock tips at a gathering the firm calls a "trading huddle." But few of the thousands of clients who receive Goldman's written research reports ever hear about the recommendations," the Wall Street Journal reports. "Goldman spokesman Edward Canaday says the tips are "market color" and "always consistent with the fundamental analysis" in published research reports." Of course, we all know that "market color" is Wall Street slang for the "good" research.

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