{"id":195205,"date":"2021-03-05T21:45:57","date_gmt":"2021-03-05T18:45:57","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/goldman-sachs-reportedly-set-to-make-200m-off-texas-storm\/"},"modified":"2021-03-05T21:45:57","modified_gmt":"2021-03-05T18:45:57","slug":"goldman-sachs-reportedly-set-to-make-200m-off-texas-storm","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/goldman-sachs-reportedly-set-to-make-200m-off-texas-storm\/","title":{"rendered":"#Goldman Sachs reportedly set to make $200M off Texas storm"},"content":{"rendered":"

“#Goldman Sachs reportedly set to make $200M off Texas storm<\/strong>”
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Traders at\u00a0Goldman\u00a0Sachs may reap huge profits from the winter storm last month that left many across Texas and other Southern states without electricity, clean water and heat, Bloomberg News reported<\/a> Friday.<\/p>\n

The Wall Street bank could make up to $200 million from the physical sale of power and natural gas and from financial hedges after spot prices jumped, the report said, citing people familiar with the matter.<\/p>\n

Goldman\u00a0did not immedia<\/a>tely respond to a Reuters request for comment.<\/p>\n

Bloomberg reported that while the bank could make $200 million on paper, the actual profits collected are likely to be less, as regulators and consumers intervene with legal challenges in the aftermath of the energy crisis and some companies go bankrupt.<\/p>\n

Bank of America also stands to make hundreds of millions of dollars from trades related to Texas\u2019 energy market, the Financial Times reported<\/a> Friday.\n <\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Goldman Sachs reportedly set to make $200M off Texas storm” Traders at\u00a0Goldman\u00a0Sachs may reap huge profits from the winter storm last month that left many across Texas and other Southern states without electricity, clean water and heat, Bloomberg News reported Friday. The Wall Street bank could make up to $200 million from the physical sale…<\/p>\n","protected":false},"author":1,"featured_media":195206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/03\/goldman-texas-freeze-profit.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[96305,72150,70790,6474],"class_list":["post-195205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-3-5-21","tag-extreme-weather","tag-goldman-sachs","tag-texas"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/195205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=195205"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/195205\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/195206"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=195205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=195205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=195205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}