In a sharp reversal, Goldman Sacks decided not to offer Facebook stock to private investors earlier this week, citing too much "media attention." Many have asked: was it the attention from the media or the SEC that Goldman was worried about?
Investor. Any references to securities are not recommendations or solicitations to buy or sell anything. I may have positions in securities mentioned.
Thursday, January 20, 2011
Greed and Goldman
In a sharp reversal, Goldman Sacks decided not to offer Facebook stock to private investors earlier this week, citing too much "media attention." Many have asked: was it the attention from the media or the SEC that Goldman was worried about?
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