Guest Augustine Posted January 5, 2011 Report Share Posted January 5, 2011 Now that Goldman Sachs has vested interest in the company, Facebook is now valued at $50 Billion Dollars. Goldman Sachs got a good deal in getting Facebook user information for a little over 90 cents per member. Too bad it was a private deal not available to the public. Quote Link to comment Share on other sites More sharing options...
Guest Fedup Posted January 5, 2011 Report Share Posted January 5, 2011 They are just using Goldman Sachs as a loophole to stay under 500 investors, so they do not have to report to the SEC. Quote Link to comment Share on other sites More sharing options...
Guest Fedup Posted January 5, 2011 Report Share Posted January 5, 2011 Someone should research whether Goldman Sachs got the $500 million from TARP or QE2? Quote Link to comment Share on other sites More sharing options...
Guest ALWAYSRED Posted January 5, 2011 Report Share Posted January 5, 2011 I see nothing wrong with what they are doing. It is perfectly legal. You just want in on the deal. I am sure there will be a public offering. Quote Link to comment Share on other sites More sharing options...
Guest Jim R Posted January 5, 2011 Report Share Posted January 5, 2011 Dear Red: Do you know precisely how IPO's work? There's nothing public about an IPO even though "public" is in the IPO name. It's a good ole' boys club: insider style! Do the research on how it works and you'll want to get in on it too. Just because something is "legal" doesn't make it "right." What GS did to the economy and housing market was "legal" too don't forget. JR Kensington Quote Link to comment Share on other sites More sharing options...
Guest Literati Posted January 5, 2011 Report Share Posted January 5, 2011 According to the Private Equity Industry Dictionary an IPO stands for 'Initial Public Offering' is defined as the sale or distribution of a company’s shares to the public for the first time. An IPO of the investee company’s shares is one of the ways in which a private equity fund can exit from an investment. http://www.calpers.ca.gov/index.jsp?bc=/investments/assets/equities/aim/pe-glossary.xml#I Quote Link to comment Share on other sites More sharing options...
Guest LAW Posted January 5, 2011 Report Share Posted January 5, 2011 March 11, 2010 Self-Regulatory Organizations; National Association of Securities Dealers, Inc. (n/k/a Financial Industry Regulatory Authority, Inc.); Notice of Filing of Proposed Rule Change, as Modified by Amendment No. 3, Relating to the Prohibition of Certain Abuses in the Allocation and Distribution of Shares in Initial Public Offerings ("IPOs") In the United States, the Financial Industry Regulatory Authority, Inc., or FINRA, is a private corporation that acts as a self-regulatory organization (SRO). FINRA is the successor to the National Association of Securities Dealers, Inc. (NASD). Though sometimes mistaken for a government agency, it is a non-governmental organization that performs financial regulation of member brokerage firms and exchange markets. The Financial Industry Regulatory Authority (FINRA) is the largest independent regulator for all securities firms doing business in the United States. FINRA's mission is to protect America's investors by making sure the securities industry operates fairly and honestly. All told, FINRA oversees nearly 4,580 brokerage firms, about 162,850 branch offices and approximately 630,695 registered securities representatives. FINRA touches virtually every aspect of the securities business—from registering and educating industry participants to examining securities firms; writing rules; enforcing those rules and the federal securities laws; informing and educating the investing public; providing trade reporting and other industry utilities; and administering the largest dispute resolution forum for investors and registered firms. We also perform market regulation under contract for the major U.S. stock markets, including the New York Stock Exchange, NYSE Arca, NYSE Amex, The NASDAQ Stock Market and the International Securities Exchange. FINRA has approximately 3,000 employees and operates from Washington, DC, and New York, NY, with 20 regional offices around the country. In today's fast-paced and complex global economy, FINRA is a trusted advocate for investors, dedicated to keeping the markets fair and proactively addressing emerging regulatory issues before they harm investors or the markets. At FINRA, we believe that the best form of investor protection begins with education. We offer a wide range of information and tools—through our website, the media and at public forums—to help investors protect themselves and better understand the basic principles of saving and investing. Our foundation, the FINRA Investor Education Foundation, is the largest foundation in the United States dedicated to investor education. Since its inception in 2003, the Foundation has approved approximately $50 million in investor education and protection initiatives through a combination of grants and targeted projects. http://www.finra.org On July 26, 2007, the Commission approved a proposed rule change filed by the NASD to amend the NASD's Certificate of Incorporation to reflect its name change to Financial Industry Regulatory Authority, Inc., or FINRA, in connection with the consolidation of the member firm regulatory functions of NASD and NYSE Regulation, Inc. See Securities Exchange Act Release No. 56146 (July 26, 2007), 72 FR 42190 (August 1, 2007) (SR-NASD-2007-053). http://www.sec.gov/rules/sro/nasd/2007/34-56146.pdf The text of the proposed rule change, including the Certificate, is available at NASD, the Commission's Public Reference Room, and http://nasd.complinet.com. Quote Link to comment Share on other sites More sharing options...
Guest EnronEx Posted January 7, 2011 Report Share Posted January 7, 2011 Goldman customers seeking to buy shares in the privately held Facebook will invest money in a newly formed Delaware entity called FBDC Investors LP, according to the Goldman customer. Corporate records show that FBDC Investors was incorporated in Delaware on January 5. Goldman customers have until Friday to commit to investing in the new entity and until next Tuesday to wire money to the Wall Street firm. Quote Link to comment Share on other sites More sharing options...
Guest BlackSun Posted January 19, 2011 Report Share Posted January 19, 2011 A security alert has come out on how Facebook is allowing developers access to its members names, addresses, and telephone numbers. In a move that could herald a new level of danger for Facebook users, third party application developers are now able to access your home address and mobile phone number. http://nakedsecurity.sophos.com/2011/01/16/rogue-facebook-apps-access-your-home-address-mobile-phone-number/ Quote Link to comment Share on other sites More sharing options...
Guest Katie Posted January 19, 2011 Report Share Posted January 19, 2011 Did you all see this video that explains why no deal. http://www.youtube.com/watch?v=YmJgnPXVk3s Quote Link to comment Share on other sites More sharing options...
Guest Jim R Posted January 19, 2011 Report Share Posted January 19, 2011 A security alert has come out on how Facebook is allowing developers access to its members names, addresses, and telephone numbers. Who the hell puts their address on facebook?? Or phone number for that matter? Quote Link to comment Share on other sites More sharing options...
Guest x Posted April 8, 2011 Report Share Posted April 8, 2011 A few days ago I published an article named Is Zuckerberg Mossad? It was cited even by the forums of the Russian Pravda. The article analyzed Mark Zuckerberg and concluded that he is probably a “sayan” of the Mossad. “Sayanim” (“helpers” in Hebrew) are people that provide help to Mossad operations. Usually they belong to Jewish communities. The activities of Facebook and the way Zuckerberg stole the basic technology and the initial database of the company, point out at an intelligence services operation. Neither Mark Zuckerberg nor the Mossad complained about my claim. Not even one reader did so. That probably means it is safe to assume the claim is true: Mark Zuckerberg is a sayan of the Mossad. http://northerntruthseeker.blogspot.com/2011/03/is-facebooks-mark-zuckerberg-mossad_31.html Quote Link to comment Share on other sites More sharing options...
Guest Busted Posted May 16, 2011 Report Share Posted May 16, 2011 What do you think? http://online.wsj.com/article/SB10001424052748703730804576321182058902822.html Facebook was caught red-handed last week being socially unfriendly to Google, its Silicon Valley competitor. It hired a public relations firm to plant negative stories about Google's privacy policies, and then it tried to hide its involvement in the whisper campaign. This is ironic, considering that Facebook is all about getting people to disclose everything about themselves. This episode could be chalked up to corporate clumsiness, except that, in beating up on Google, Facebook was encouraging the same federal regulators it tries to keep away from its own business. Facebook needs to be more careful in choosing its friends and enemies. Facebook and Google have been sparring for months over what level of access to information about their respective consumers each would allow the other. Some 600 million people give Facebook personal details about themselves in exchange for the ability to communicate instantly with relatives, friends and colleagues. Google, meanwhile, is trying to build a competitive social-media service to add to its core of search advertising. Last year, Google began to block Facebook users from automatically populating their lists of online friends with the contacts in their Google Gmail address books. Facebook then told its users how to do this manually. Google responded by upgrading a service it launched in 2009 called Social Circle, which lets Gmail users find contacts on Facebook and other services. Facebook next hired Burson-Marsteller to pitch stories on how Google is violating people's privacy through Social Circle. But the journalists and privacy commentators the PR firm contacted concluded that Google has done nothing wrong: If people freely provide information online, this information can be used by Google in the same way Google News is free to link to news articles that publishers make available for the taking. Quote Link to comment Share on other sites More sharing options...
Guest Wakeup! Posted May 16, 2011 Report Share Posted May 16, 2011 Facebook is becoming the world's thought police. http://www.youtube.com/watch?v=EBGtSnUPVew Quote Link to comment Share on other sites More sharing options...
Guest Bernie Posted May 23, 2011 Report Share Posted May 23, 2011 via The Onion - a news parody… if you didn’t already know – but my saying it’s a news parody kind-of spoils the fun… if you didn’t know… either way this is still pretty amusing – if you’re not on Facebook, perhaps. Oh and no, I’m not on Facebook ;^) Quote Link to comment Share on other sites More sharing options...
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