"...intense media spotlight left the deal in danger of violating U.S. securities laws."

[adamuu]

The Goldman Uncertainty Principle of Securities Regulation
http://www.nakedcapitalism.com/2011/01/the-goldman-uncertainty-theorem-of-securities-regulation.html
snip

...I could not let this remark pass without comment. From the Wall Street Journal:
"Goldman Sachs Group Inc. slammed the door on U.S. clients hoping to invest in a private offering of shares in Facebook Inc., because it said the intense media spotlight left the deal in danger of violating U.S. securities laws."

(see Goldman Limits Facebook Offering, WSJ, Jan 18, 2011)
snip

...perversely, Goldman’s truthiness is an accurate account of the real state of affairs. Goldman sees that securities regs operate in the world of Schrodinger’s cat, where legality is in an indeterminate state until someone takes the trouble to look.

http://online.wsj.com/article/SB10001424052748703396604576087941210274036.html

[xchrom]

1. recommend

[DCKit]

2. Someone needs to turn that same spotlight on the ComCast/NBC Universal merger. nt