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Goldman Sachs Says No Facebook Shares For US Investors

theodp writes "In 2009, Robert Cringely speculated that the day might be coming when Goldman Sachs decides the United States isn't worth dealing with anymore. Crazy, eh? Maybe not. Blaming 'intense media attention,' Goldman Sachs has decided to exclude US investors from a $1.5 billion Facebook offering. In a nicely-timed all-investors-are-not-created-equal MLK Day statement, the US taxpayer bailout beneficiary said, 'Goldman Sachs decided to proceed only with the offer to investors outside the US....We regret the consequences of this decision, but Goldman Sachs believes this is the most prudent path to take.'"

5 of 529 comments (clear)

  1. Re:So what GS is saying is.... by russotto · · Score: 5, Funny

    The SEC has all sorts of regulations meant to "protect" the public. Goldman-Sachs is just trying to obey them.

  2. Re:Where's my cheque? by nevillethedevil · · Score: 5, Funny

    I'm one of those evil immigrant types come to take your jobs and your women.

    --
    Be gone from my sight or prepare to feel my flaming wraith!
  3. Re:Where's my cheque? by h4rr4r · · Score: 4, Funny

    Have you seen our women?
    If you can afford to feed one, you can have one.

  4. Re:So what GS is saying is.... by Dunbal · · Score: 5, Funny

    A banker with a conscience? Hahaha that's the best joke I've heard all night.

    --
    Seven puppies were harmed during the making of this post.
  5. Re:So what GS is saying is.... by jkyrlach · · Score: 5, Funny

    To: Ugandan Upper-class houshold Dear Sir or Madam, I am a Goldman Sachs Broker in the United States of America. We have been fortunate enough to aquire many millions of dollars in private Facebook stock, but because of govt. red tape, we cannot sell it here. If you would be kind enough to put 25000 in a foreign account and give us that info, we can make sure you get in on this once in a lifetime opportunity! Your American counterparts, Goldman Sachs