19.01.2011 - 15:03 [ New York Magazine ]

Botched Facebook Deal Makes Everybody Hate Goldman

Goldman Sachs‘s decision to take back the chance to let U.S. investors privately plunk their millions into Facebook just weeks after hyping the $1.5 billion offering has won the Wall Street firm the ire of its friends and allies. According to the Journal‘s sources, U.S. clients (overseas investors are still eligible) got phone calls over the long weekend saying something to the effect of, Uh, hey, remember how the other day we called you up and just chanted, „Buy! Buy! Buy! Buy!“ for five minutes straight …