(Reuters) – Investors are bracing for Facebook’s Wall Street debut on Friday after the world’s No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history. Valued at $104 billion, Facebook is larger than Starbucks Corp and Hewlett-Packard combined, sparking intense speculation on how much higher its […]
May 18 2012 | Posted in
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The fact that the company is now considered something of a ”hot potato” in Washington DC, where the investment bank is losing friends fast, is something investors should worry about, as well. After the 2008 blow, many investors just parried away from the company. Moreover, the bank also attracted opprobrium from the media. It just could not revive from trenches of […]
Mar 23 2012 | Posted in
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Bloomberg pointed out, in its defense, however, that Goldman Sachs is a huge employer in New York City, and that as the Mayor it is his duty to protect and defend such companies. Incidentally, Goldman Sachs is also one of the largest customers of Bloomberg Inc. (Mike Bloomberg’s sweet child), which sells its computer data terminals to Wall Street banks, investment and securities firms, and media outlets. The three-time […]
Mar 23 2012 | Posted in
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Goldman Sachs is the sinking ship that got hole in the bowls in the midst of the 2008 crisis. What made it worse was the Congressional inquiry that took a toll on its stock price at the Street. However, there is one person who is tipped to take the helm to bring the company to […]
Mar 23 2012 | Posted in
Business |
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