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Goldman only sold their Facebook shares to non-US clients, because in the US, the deal would violate other rules regarding the privacy of private offerings (ess
by bri3d 15y ago
Goldman only sold their Facebook shares to non-US clients, because in the US, the deal would violate other rules regarding the privacy of private offerings (essentially too many people knew that Goldman were offering Facebook shares and the offer ceased to be "private" enough for the SEC).
http://online.wsj.com/article/SB10001424052748703396604576087941210274036.html http://online.wsj.com/article/SB1000142405274870339660457608...