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What are you implying?
by gaius 8y ago
What are you implying?
- samstave 8y agoGoldman Sachs has been the central player in major financial scandals in the past, proven documented, well known. I don't think they do anything completely cleanly, so I question the thinking for Silicon Valley Unicorns using them to head their IPOs Greece the 2008 crisis buyouts 1MDB Look at the 1MDB scandal, where we are only now seeing charges coming against GS - The 1MDB and Greece scandals are very similar in the sense that GS had information regarding both situations which they knew was criminal, but chose to profit from it as opposed to prevent it. Knowing that their profiting would outweigh the consequences. They are the antithesis of "in good faith" actors - and as such, I personally question the integrity of the companies and company founders who put their IPOs in GS' hands. Look at FB... we know where their integrity lies. I am reminded of the "How I built This" episode on Slack, and how it grew and the values of its founder -- which I now take with a grain of salt given that they are going with GS.