Earlier this year Goldman Sachs and Facebook made headlines when the investment bank fproposed purchasing a stake in the private company and then sell interests to investors. More headlines followed when the bank later limited the offering to non-U.S. investors. …

CAPITAL FORMATION, GOLDMAN, FACEBOOK AND REGULATION Read More »

In recent months the SEC has brought dozens of Ponzi scheme cases. Most are similar if not the same with promises of guaranteed returns and safety tied to some proprietary scheme such as trading in currencies or foreign securities or …

A DIFFERENT KIND OF PONZI SCHEME Read More »