Excellent Legal Risk Analysis Of Goldman Sachs' Decision To Cancel Facebook 's Domestic Share Offering

The New York Times Dealbook has an excellent discussion of Goldman Sachs' legal risks in the Facebook private equity offering, "Why Did Goldman Blink?" by Steven M. Davidoff:

Goldman Sachs’s decision to offer shares of Facebook only to offshore investors is simple risk management. The risk here can be attributable to the scrutiny that this transaction, and Goldman Sachs generally, are now under.

Read the complete New York Times article here.