Just six months after paying a record $550 million to settle a federal fraud case, Goldman Sachs finds itself in a new controversy over an investment in Facebook, the social networking site. The firm plan had been to raise about $1.5 billion for the social networking company by allowing individuals to invest in a special fund that would count as a single investor. Some critics say the deal was designed to skirt securities regulations and is marred by conflict of interest, while others argue this type of investment puts taxpayers at risk, since Goldman can support its business with cheap government loans.
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