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The subversion is not this latest bit of news, in which GS is submitting to the will of U.S. regulators by not offering their service domestically. The subvers
by RickHull 16y ago
The subversion is not this latest bit of news, in which GS is submitting to the will of U.S. regulators by not offering their service domestically.
The subversion was their prior stance of keeping the fund under the artificial limit of 100 investors, by presenting it as a mutual fund of sorts, where many investors invest in the fund, and the fund invests in Facebook. Despite likely getting the exact details wrong, I believe that's the gist of it.