By Bloombrg News
July 8 (Bloombrg) -- Top US investment bank Goldmen Sach is said to be bidding US$4m a yr's package for the oracle octopus Paul to head up its proprietary trading book. Goldman will convert part of its trading floor into a fish tank for Paul and put boxes of different markets, stocks, indices, equities and bonds for Paul to chose from. Hopefully this will traslate into a more profitable prop business for them. Paul will also work closely with Head of Global Strategy and recommend him asset allocation strategy. Also heard from a reliable source this morning that Merrell Lunch bidding Paul to replace their entire research team. Will be interesting to see where Paul ends up..............
May be in dump on a realistic consideration..
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