It’s too simple to blame any single entity. All parties bear responsibility. Investors are angry, but they should look in the mirror.
Muppets
Facebook Hits Record Low as Insider Stock Sale Lock-Up Period Ends
Facebook’s IPO — in which insiders cashed out $10 billion — now ranks as “the worst performer among all large IPOs on record,” according Bloomberg.
The Social Media Tech IPO Boom: An Insider’s Game?
Billion-dollar cash-outs at Facebook, Zynga and Groupon. Abysmal stock performance.
Facebook IPO Furor: Feds Probing Deal Over Insider Bank Warnings
7 Twitter Accounts Goldman Sachs’ New Social Media Guru Must Follow
Goldman Sachs, the most powerful investment bank on Wall Street, is getting into the social media game. In a job posting on the company website, the bank said the ideal candidate will be responsible for “monitoring online …
Goldman CEO Blankfein Reboots as Bernanke Stays the Course
Goldman Sachs CEO Lloyd Blankfein has launched a complete image makeover, according to Fox Business Network. Appearing in shirt-sleeves Wednesday on CNBC and Bloomberg TV, Blankfein didn’t swear to do “God’s work” — as he has in …
With ‘Muppet’ Hunt, Will Goldman Sachs End E-mail Smack Talk?
Goldman Sachs, still smarting from the scathing public resignation of 32-year-old banker Greg Smith, is conducting a companywide e-mail scan looking for the word muppets and other derogatory terms, according to Reuters. While …