Goldman Tentacles

For a company like Goldman Sachs to make something like 60% of it's profits from commodities / currency trading it is no wonder why they are so good at it. As I said before, they have heavily invested directly in the production, transportation, storage and processing of all of the commodities they trade for themselves and their "clients". In addition to their business tentacles they have in house knowledge of all of the funds and traders they handle accounts for, what they are buying and selling, hence they know the inside and outside of what many folks are doing.

This is another example of their investment in an industry that allows them a good view what what is happening with respect to transport. (taken from The Virginian-Pilot, Norfolk, Va.)

A 140-plus-page proposal from a partnership of Carrix Inc. and Goldman Sachs Group Inc. would form either an "operational partnership" with the Port Authority, a "financial re-engineering of the balance sheet utilizing Goldman's extensive knowledge and experience in the capital markets," or both, according to a cover letter from Bob Watters, Carrix's vice president/director of business development.

Carrix Inc. is the Seattle-based parent of SSA Marine, Tideworks Technology and RMS Rail Management Services, which makes it the world's largest privately held marine and rail terminal operator, according to its Web site.

Goldman Sachs Infrastructure Partners, a unit of the New York investment bank Goldman Sachs, acquired a 49 percent stake in the company in July 2007.