One amazing aspect of the Facebook deal that is promoted by Goldman Sachs is the fact that global regulators seem to be completely absent - despite the fact that possible questions by the SEC in the United States stopped the placement to US domestic investors. Given the noise made by politicians in all civilised financial markets all over the world about the need for more protection of investors and savers this silence is really DEAFENING and shows how much regulators are behind the curve.
(03/02/2011)
I recently purchased a t-shirt that boldly proclaims “I’m from the 1900s.”
As with any other impulsive purchase, I am not sure if I will ever actually
wear...
2 days ago
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