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Goldman Sachs to make profit of $100 Million form the winter storm across Texas.

The winter storm that hit Texas and southern US states left them with no electricity, clean water, and heat, causing extreme volatility in energy markets, left their clients to seek regulatory, legal remedies, and are expected to file bankruptcy to put off payment.

The Goldman Sachs spokeswoman said, energy volatility caused fluctuations in energy markets, as a liquidity provider we are at stake to help our clients manage their risks. So, traders at Goldman Sachs poised to earn $100 million profits Texas deep freeze.

Source: Reuters

Link: https://www.reuters.com/article/us-texas-deepfeeze-goldman-sachs/goldman-poised-to-make-100-million-profit-off-texas-deep-freeze-bloomberg-news-idUSKBN2AX1SI

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