BUSINESS
07/19/2010 05:12 am ET | Updated May 25, 2011

Goldman Sachs' 'Top Trades' Lost Clients Money - But Bank's Own Trades Were Perfect

May 19 (Bloomberg) -- Goldman Sachs Group Inc. racked up trading profits for itself every day last quarter. Clients who followed the firm's investment advice fared far worse.

Seven of the investment bank's nine "recommended top trades for 2010" have been money losers for investors who adopted the New York-based firm's advice, according to data compiled by Bloomberg from a Goldman Sachs research note sent yesterday.

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