• Goldman Sachs Group Inc lost more than $1 billion on currency trades during the third quarter
  • Foreign exchange was the only trading area that was a money loser
  • The data comes from regulatory filings with the U.S. Securities and Exchange Commission and the Federal Reserve
  • Goldman’s currency-trading problems came from the way the bank had positioned itself in emerging markets, two sources familiar with the matter said
  • some of Goldman’s rivals also said they had a difficult quarter in currency trading

More: Goldman Sachs burned by bad currency bets in third quarter

Bummer …

But, someone musta made it if they lost it …

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ADDED – there’s more details coming to light: More on Goldman’s $1 billion currency trading losses … Slump Tied in Part to Faulty Currency Trade