Goldman Sachs (NYSE:GS) Invests 450 Million into Facebook... Tech Bubble?

Dian L. Chu explores how the new Tech Bubble may be the multitude of Social Network sites such as Facebook, Groupon, and Baidu.. All of which have extremely inflated P/E Ratios.

Consider the fact that Goldman Sachs GS just put in $450 Million for a 1% stake in Facebook, could GS have plans for a Facebook IPO in the future?

 

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