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“Facebook is Overvalued” says Bloomberg Poll

“Facebook is Overvalued” says Bloomberg Poll

Goldman Sachs recently invested $450 million in Face book in a deal which valued the website business at $50 billion.  However 51% of respondents to a recent Bloomberg poll say…

January 28, 2011No CommentRead More

Business: Qatari Investment in Indian Education Company

Business: Qatari Investment in Indian Education Company

QInvest, a Qatari investment bank, has acquired a stake in FIITJEE Limited of India, which produces test preparation materials for engineering and medical course entrance examinations. FIITJEE was founded in…

January 17, 2011No CommentRead More

SEC Charges Goldman Sachs with Fraud

SEC Charges Goldman Sachs with Fraud

The USA Securities and Exchange Commission (SEC) has charged Goldman Sachs Group Inc with fraud today, for the structuring and marketing of sub-prime debt products. The SEC makes allegations that…

April 16, 2010No CommentRead More