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Correction: Goldman Sachs selling Facebook Shares in Europe but not the US?
10-15-2012, 06:38 PM
Post: #1
Correction: Goldman Sachs selling Facebook Shares in Europe but not the US?
After paying 300million for 1% of Facebook (valuing Facebook at 30billion on estimated revenues - not profit - of 1.5billion per annum, and creating the building block for a new .com bubble), Goldman Sachs are not selling these shares in the US because it would break US laws.

However, not ones to miss making a fast buck, Goldman Sachs will be selling shares in Facebook in Europe.

Is this ethical? Is this 'banks being responsible'? How much should you, the taxpayer, stump up when this false market goes the same way as sub-prime mortgages?

Your thoughts please.
Xpatinasia
Fact: Goldman Sachs paid 300million GBP for 1% of Facebook
Fact: That values Facebook at 30billion GBP
Fact: Facebook have not published any accounts, ever
Fact: The revenues -note: not the profit- of Facebook is estimated (read: guessed) at 1.5billion a year
Fact: Goldman Sachs are selling Facebook shares in Europe but not the US
Fact: the . com bubble of the 1990s was where .com companies were valued on their 'sexiness' not their financial standing or worth
Fact: the .com bubble burst when people saw that the companies were valueless but sexy, a bit like the sub-prime mortgage market and Facebook
Premise: When Facebook, and the others that will come along, go financially belly up, do you think that the Govt (UK or US) will sit on the bench and let Goldman Sachs go bust, with all that means to the economy?
And how much are you, as a taxpayer, willing to cough up? 300million, 30billion? Something in between? Anything?
Your thoughts please

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10-15-2012, 06:46 PM
Post: #2
 
Here are my thoughts. Your premise is wrong. Your "facts" are wrong. The US taxpayer has nothing to do with this. Again, you are wrong.

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10-15-2012, 06:46 PM
Post: #3
 
and owned by the Satanic House of Rothschild no less - why would none of this surprise seasoned NWO researchers one wonders?
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