Greed and Capitalism

What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.
- Milton Friedman

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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