Goldman Sachs Group slammed the door on U.S. clients hoping to invest in a private offering of shares in Facebook Inc., because it said the intense media spotlight left the deal in danger of violating U.S. securities laws. READ MORE »
Posts tagged investors
Facebook: Pay or get out
As Facebook starts to host all sorts of commerce — and is now mandating the use of its currency — perhaps it’s time to stop thinking of it as a company and start thinking of it as a country. READ MORE »
Gold May Extend Gain to Record on Economy Concern, Survey Shows
Gold may extend its advance to a record as uncertainty over the economic recovery boosts investment, a survey found. READ MORE »
Stocks fall on renewed concerns about Greek debt
NEW YORK — Investors are looking past a jump in home sales and focusing on concerns about Greece’s debt problems. READ MORE »
U.S. Criticizes China’s Procurement Rules
BEIJING—U.S. Commerce Secretary Gary Locke stepped up criticism of China’s moves to limit access by foreign companies to its massive government procurement market, even though it isn’t clear whether the U.S. has any legal means to force China to back down. READ MORE »