Unusual cash cows

[swakoo]

Are Retail Investors Getting Hustled on Facebook?

You've got to hand it to the guys at Morgan Stanley, Goldman Sachs and JPMorgan who have been running the Facebook initial public offering.

They've orchestrated a nearly perfect IPO performance.
.
.
... while the small fish may be churning the waters to get a bite at Facebook, the sharks are quietly hanging back.

Goldman Sachs had planned to sell around a quarter of its stake in the company. Now it aims to sell half. The hedge fund Tiger Global was aiming to sell 7 percent of its stake; now it is selling 50 percent. Accel Partners’ plans to sell rose from 22 percent to 28 percent. Venture capitalist Peter Thiel went from selling 20 percent of his shares to 50 percent.

... some of the biggest hedge-fund managers expressed skepticism about Facebook in private conversations.
.
.
... when Goldman Sachs and the venture capitalists appear to be eager to significantly reduce their stakes in Facebook, you have to wonder: what do they know that the rest of us don’t?