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Posted at 10:29 AM ET, 01/ 7/2011

Facebook's rule-bending, Part II

By Ezra Klein

Jon Stewart notices Facebook's belief that transparency is good for everyone but them:

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By Ezra Klein  | January 7, 2011; 10:29 AM ET
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Goldman-Sachs is going to make so much money off this. Not so sure about the investors.

Does anyone else look at fb and remember yahoo? It's a near-first-generation technology that looks really, really ugly.

Posted by: goinupnup | January 7, 2011 10:42 AM | Report abuse

Anybody who has the cash to invest in a Goldman Sachs special purpose vehicle knows what s/he's getting into. They can, and are, appreciating the risks of investing in an entity that's not going to open its books for its investors. I don't normally have a libertarian bent, but I simply say caveat emptor.

Posted by: JEinATL | January 7, 2011 11:29 AM | Report abuse

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