25/05/2012

Banks Keeping A Low Profile After That Crash They Caused? Not A Chance!

Looking at Facebook's IPO and concluding: instead of keeping a low profile after that crash banks are still at it, doing deals that go all wrong.
Burstingthebubble

Dan Majestic writes from New York: You really have to admire those banker boys: you’d have expected them to keep a low profile, after that financial crash they’ve caused in 2008 and the consecutive economic crisis that would probably stay with us for another decade or so, but there they are, organising the sale of Facebook, a website with no content on it, for a cool 104 billion.Banks Keeping A Low Profile After That Crash They Caused? Not A Chance!

Facebook, Goldman Sachs, IPO, Morgan Stanley

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