Skip to main content

In this image provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, rings the opening bell of the Nasdaq stock market, Friday, May 18, 2012, from Facebook headquarters in Menlo Park, Calif. The social media company priced its IPO at $38 per share.Zef Nikolla

Can't-miss stories from the Web

The social nightmare
It all began with a Hollywood-style road show and high hopes. But when Facebook's bullish internal revenue forecasts were revised downward – and hidden from investors – the wheels began to come off the IPO juggernaut. The Atlantic's Khadeeja Safdar chronicles the bankers and fund managers who made off like bandits, and the retail investors who got caught up in the frenzy and lived to regret it.

Lose money, just like the big guys
Goldman Sachs Asset Management announced the launch of a new mutual fund that will bring hedge fund investing to the masses. The question is, why would anyone want to buy it?

Old-school Buffett
A fresh faced (and barely recognizable) Warren Buffett offers his take on the stock market, way back in 1962.

Goldman takes on TBTF
Goldman Sachs analysts offer up a new take on too big to fail, basing their argument on the wobbly question of whether or not big banks borrow at lower cost than smaller banks.

2/20? How about 1/33?
Barry Ritholtz floats a novel idea on how to fix hedge fund manager compensation.

(Jody White is the Web Editor for Streetwise.)

Return to Streetwise home page.

The Globe is launching a Streetwise and ROB Insight newsletter, with content available exclusively to subscribers of Globe Unlimited. Get the best of our exclusive insight and analysis delivered straight to your inbox in a daily e-mail curated by our editors. Sign up for it and other newsletters on our newsletters and alerts page.

Report an editorial error

Report a technical issue

Editorial code of conduct

Tickers mentioned in this story

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 22/11/24 7:00pm EST.

SymbolName% changeLast
GS-N
Goldman Sachs Group
+1.12%602.78
S-N
Sentinelone Inc Cl A
+1.46%28.54

Interact with The Globe