Dodd-Frank Prods Goldman to GlobalMacro.exit()

Global Macro trades everything under the financial sun: currencies, stocks, interest rate products, and will now shut down in deference to the Volcker Rule, one component of Dodd-Frank approaching in July 2011. Last year, Goldman also shut down its Principal Strategies Group run by Pierre Henri Flamand, who then started Edoma Capital (reported to have raised over $1bn).