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Reply #26: What Goldman FaceBook Fund Will Look Like As It Ignores SEC & Peddles Private Shares To The Public [View All]

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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-06-11 08:04 AM
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26. What Goldman FaceBook Fund Will Look Like As It Ignores SEC & Peddles Private Shares To The Public
W/O Full Disclosure

http://www.zerohedge.com/article/here%E2%80%99s-look-what-goldman-facebook-fund-will-look-it-ignores-sec-peddles-private-shares-publi?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+

Yesterday, I attempted to pull the wool from some of the more complacent eyes of news media consumers by outlining the potential goals for Goldman’s half billion “investment” in Facebook while at the same time pondering the market for a different type of media concern. A media concern that is heavy on the analysis and investigation, yet light on the political correctness and conflicts of interest (see Facebook Becomes One Of The Most Highly Valued Media Companies In The World Thanks To Goldman, & Its Still Private!). I definitely don’t want to be condescending, but there is obviously (at least to me) a need for such an entity amongst the mainstream rags for as I read through the comment sections of the articles written on the topic, I see such naivete as, “Wow!!! If Goldman is putting their money in this, it must be serious!” I say do myself, “It’s a damn shame if that is actually a real person’s viewpoint and not a Goldman equity underwriting employee”.

You see, this is not about Goldman’s attempt to create capital gains through investment, its about their attempt to create income through commissions, fees and spreads...

SCATHING ANALYSIS AND GRAPHIC PORN
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