Advertisement

Goldman Sachs gets $82M on MMI shares

NEW YORK, Nov. 18 (UPI) -- U.S. investment bank Goldman Sachs made $82 million in less than a day buying and selling a chunk of Mitsubishi Motors Corp. shares.

Goldman picked up DaimlerChrysler's 12.4-percent stake in Mitsubishi Motors and flipped them to earn the tidy profit.

Advertisement

Banking sources said the maneuver left Goldman Sachs "thumping their chests," the Financial Times reported Friday.

Latest Headlines

Advertisement

Trending Stories

Advertisement

Follow Us

Advertisement