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Are they letting Goldman Sachs handle the IPO?

GS is pretty evil in pushing ridiculous IPO values in order to get their higher cut. Cant wait to see what BS goes on with GS handling Facebooks IPO.



That's an interesting point. GS has been having a rather lackluster year so far (by their own standards - many other firms would love to have their problems). The firm is caught between a rock and a hard place; it needs to demonstrate everything is above board and strictly in accordance with the law, but is also under pressure from investors to improve performance. Not that so much hinges on any one deal, but this IPO has become something of a barometer for the sector absent an announcement by Facebook.




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