Goldman/Facebook

[mickeyd]

I did not get this email from GS and do not currently have the funds to invest anyway, but that Nigerian deal may be what I've been looking for.

Quote:

Goldman Sachs recently emailed wealthy clients who might be interested in investing in Facebook. The WSJ's Deal Journal got a peek at the email — and noticed a a striking resemblance to the language in a Nigerian email scam.

Goldman Facebook Pitch Or Nigerian Email Scam? : Planet Money : NPR

[harley]

Quote:

Originally Posted by mickeyd I did not get this email from GS and do not currently have the funds to invest anyway, but that Nigerian deal may be what I've been looking for. Goldman Facebook Pitch Or Nigerian Email Scam? : Planet Money : NPR

That's hilarious! Thanks for posting it. The only difference I saw is that Goldman has better grammar skills than the Nigerians.

[teejayevans]

Better than this?

CENTRAL BANK OF NIGERIA
OFFICE OF THE PRESIDENCY,
THE HONORABLE, GOVERNOR OF CBN.
TINUBU SQUARE, LAGOS- NIGERIA.
Date Jan.4th,2011
+234-7041860392
Official Web Account:
Our Ref: CBN/OHG/OXD1/2009
Your Ref:..............

ATTENTION: BENEFICIARY,

Definitely, I know that this letter will be a surprising one to you, firstly, I will like to introduce myself officially as Mr. Sanusi Lamido Sanusi, The Executive Governor of Central Bank of Nigeria (CBN) You are been officially contacted today because your Inheritance/contract Funds was Re-deposited into the "Federal Suspense Account" of CBN last week, because you did not proceed with your Claim as the Rightful beneficiary which is well known to the board and management team of Central Bank of Nigeria. Three men came to my office yesterday in connection of your inheritance/contract fund and these men were unexpected by me because their visit was out of official appointment. I had to ask them why they came to see me in person and they said that they were here to claim the Inheritance/contract sum of (US$22.5m) which rightfully belongs to you as your inheritance/contract title on your behalf, at this development I asked them who authorized them to come down to Nigeria for the
claim to
honestly this was the biggest shock that this Bank has ever received so far because your Inheritance/contract Funds is still in the "Federal Suspense Account" of CBN, yet you sent these men to come and claim this Funds on your behalf without any official notice to authorize and permit this bank to do and execute your inheritance/contract sum to the three men whom you authorized to claim your fund on your behalf. This Bank does not understand why you sent these men to come and claim your Funds on your behalf. If actually you want them to help you claim your Inheritance Bill Sum, at least you should have notified my office so that we will act accordingly. They actually tendered some Vital Documents which proved that you actually sent them for the claim of this Fund. Honestly, it really baffles me that you took such decision without my consent. Here are the Document which they tendered to this Bank today.

1. LETTER OF ADMINISTRATION.
2. HIGH COURT INJUNCTION.
3. ORDER TO RELEASE.

Actually, these Documents which they tendered to this Bank are Proves that you sent them to claim this Fund for you. Finally, I gave them an appointment next week, in order to contact you for verification and authorization before releasing this fund to them. As the Governor of this Central Bank Nigeria, I was supposed to Release this Funds to them but I refused to do so because I wanted to hear from you first. Due to the Nature of my job, I will not want to make any mistake in releasing this Fund to anyone except you whom is the recognized beneficiary to this Fund.
Kindly clarify us on this issue before we make this Payment to these foreigners who came on your behalf. In receipt of this confidential Letter, you are required to get back to me immediately to enable us proceed with the payment or cancel the payment in their favor and wait for your next instruction.

Best Regards,

YOURS SINCERELY,
MR. SANUSI LAMIDO SANUSI,
EXECUTIVE GOVERNOR,
CENTRAL BANK OF NIGERIA (CBN)
+234-7041860392

[M Paquette]

When I first heard about the Facebook/Goldman Sachs deal I thought, "This won't end well for Zuckerberg and Facebook."

Now, with this 'special purpose vehicle' for select high net worth clients, I suspect this won't end well for Facebook or selected GS clients. There will be a nice bonus for some GS money manager, naturally.

[Nords]

Quote:

Originally Posted by M Paquette When I first heard about the Facebook/Goldman Sachs deal I thought, "This won't end well for Zuckerberg and Facebook." Now, with this 'special purpose vehicle' for select high net worth clients, I suspect this won't end well for Facebook or selected GS clients. There will be a nice bonus for some GS money manager, naturally.

I hear that GS didn't have a choice whether or not to invest-- Zuckerberg's been collecting the photos that the GS money managers and their families have been posting to FB, and $450M is the price of him not sending them to Wikileaks...

[Independent]

Quote:

In a rare move, Goldman is planning to create a “special purpose vehicle” to allow its high-net-worth clients to invest in Facebook, these people said. While the S.E.C. requires companies with more than 499 investors to disclose their financial results to the public, Goldman’s proposed special purpose vehicle may be able get around such a rule because it would be managed by Goldman and considered just one investor, even though it could conceivably be pooling investments from thousands of clients. It is unclear whether the S.E.C. will look favorably upon the arrangement.

Goldman Invests in Facebook at $50 Billion Valuation - NYTimes.com

Any comments?