Network News

X My Profile
View More Activity
Anchored by Melissa Bell  |  About  |  Get Updates:  Twitter  |   Facebook  |  RSS Feeds RSS Feed
Posted at 9:38 AM ET, 01/ 7/2011

Facebook non-IPO gets the 'Daily Show' treatment (Video)

By Melissa Bell

Goldman Sachs's investment in Facebook has created a fervor in the public investment sphere. In what some see as an initial public offering of a private company, Goldman Sachs has guaranteed a $450 million investment to the company, as well as offered stock to its wealthiest clients. Already the demand from their clients has exceeded expectations. With the clients' investments, Goldman Sachs could bring the total up to $2 billion.

In addition to raising money, the deal has raised plenty of hackles, with critics annoyed that it gives Facebook the ability to go public without being forced into any of the regulations of a public company. Others say that it is simply a smart move by the companies.

John Stewart decided to weigh in with satire on the subject. On Thursday's "Daily Show," the talk show host said Facebook "won't rest until everyone in the world is walking around naked, holding out their passport, shouting out their children's names and locations, but don't look at [their] financial books."

Watch the clip here:

The Daily Show With Jon StewartMon - Thurs 11p / 10c
The Anti-Social Network
www.thedailyshow.com
Daily Show Full EpisodesPolitical Humor & Satire BlogThe Daily Show on Facebook

By Melissa Bell  | January 7, 2011; 9:38 AM ET
Categories:  The Daily Catch  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz   Previous: Jobless rate, Sudan vote, long-distance love and Michael Caine
Next: Cocaine vaccination a real possibility?

Comments

It's Jon, not John. This is especially disheartening since it's spelled correctly on the labeled clip.

Posted by: NowAVirginian | January 8, 2011 12:56 AM | Report abuse

Right after they shout out their children's names and locations, they also yell "Don't invade my privacy."

Posted by: Curmudgeon10 | January 8, 2011 4:26 AM | Report abuse

What naive American wouldn't just love to have Goldman Sachs own their personal information?

Posted by: fluxgirl | January 8, 2011 8:00 PM | Report abuse

------- -------- http://www.1shopping.us/ -----------

------- -------- http://www.1shopping.us/ -----------

Best regards for you all,

Looking forward to your visiting.

------- -------- http://www.1shopping.us/ -----------

------- -------- http://www.1shopping.us/ -----------

Posted by: addjian06 | January 8, 2011 9:23 PM | Report abuse

Post a Comment

We encourage users to analyze, comment on and even challenge washingtonpost.com's articles, blogs, reviews and multimedia features.

User reviews and comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions.




characters remaining

 
 
RSS Feed
Subscribe to The Post

© 2011 The Washington Post Company