Here’s An Important Question About Goldman Sachs and Facebook

Why is Goldman Sachs getting all this prominence and power in the Facebook universe with a piddling $450 million infusion into a $50 Billion company?  That’s less than 1% of the company’s supposed value.

Even a lot of subprime borrowers had to come up with more than that.

Is Facebook a “no brainer” to be a $50 billion company?  Why?

Discuss.

H/T to Max Keiser

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1 Comment

Filed under financial crisis

One response to “Here’s An Important Question About Goldman Sachs and Facebook

  1. Frenchfrog

    Bigbrother Lawyer, bigbrother…

    Like

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