I took a little break from blogging, but it's time to get back to it.
As everyone knows by now the most evil investment bank, Goldman Sachs, has taken a private stake in the most evil internet company, Facebook. All we need now is to find out that Facebook servers run on BP oil and the trifecta will be complete.
So what is GS doing with its newly acquired chunk of FB? Apparently GS is peddling stakes in FB to some of its favorite customers. The Wall Street Journal points out that the solicitations look remarkably like the classic Nigerian investment scam emails!
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
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