Monday, January 17, 2011
[L] GS to offer Facebook to only Foreign Investors
So it looks like the SEC scrutiny has taken one of the most popular products of this century and forced it to be owned internationally. And this is helping America how?
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6 comments:
That is simply stunning...This would be like if Anheuser Busch was bought out by a foreign company...oh wait.
I'm confused. So they rescinded the offering because the media was covering it too much and that is sort of advertising the offering? These regulations are totally out of hand. I mean, how is a company supposed to make any money if it can't promote the stocks it is trying to sell? We need some Laissez-faire in a bad way.
Adam, amen brotha. I'm curious how much slack those kind of opinions get you up in Vermont?
Surprisingly not as bad as you think. Like most places there is a good mix of folks and the extremists are the ones that make a lot of noise. Needless to say, I would probably lose some patients if I spoke too freely...
This was the private offering. Only institutional investors would be able to invest in this private offering anyway. The public offering will come later. That's when Jae can buy some of a product he doesn't use.
i only invest in products i use, if they can squeeze a buck out of me they must be doing something right
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