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  • mroleandn2000 mroleandn2000 Nov 2, 2011 2:47 PM Flag

    Now about that GS executive....

    An excerpt from your post, Holden.

    "The investment is linked to the performance of the Goldman Sachs Crude Oil Return Index and reflects the returns that are potentially available through an unleveraged investment in the futures contacts comprising the index plus the Treasury Bill rate of interest that could be earned on funds committed to the trading of the underlying contracts. The index is derived from the West Texas Intermediate (WTI) crude oil futures contract traded on the New York Mercantile Exchange. The fund is nondiversified."

    Of course he likes it, it's from Goldman Sachs!

    PS. I think he only likes GS because it has the word "Sachs" in it. Spelling was never one of Bitsy's strong points.


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