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Friday, January 21, 2011
ARTICLE: Sorry, Americans: Goldman kicks U.S. clients out of Facebook deal
The financial services giant said Monday that it will only be offering shares to its non-U.S. clients, a decision it attributed to the "intense media attention" the deal has attracted since it came to light earlier this month. Keeping its Facebook coup out of the U.S. market could help Goldman steer clear of tricky questions from the U.S. Securities and Exchange Commission, which is probing the fast-growing "secondary" market for shares of privately held companies.
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