“Auditor-turned-journalist Francine McKenna, writing at Medium, has some cautionary advice for journalists on reporting unaudited and unverified financial information.”
Zynga and Facebook play out their drama in public, much to the detriment of investors who can’t leave the party early before glasses start breaking.
Zynga is practically a wholly owned subsidiary of Facebook. At some point I think it will be, probably to actualize an online real-money gaming strategy.
My first feature article for Forbes magazine is out on the newsstands today.
This week the Goldman Sachs Facebook deal fell apart. Sort of. Due to the extensive media coverage of the details, in particular before they were final, Goldman Sachs was running some really big regulatory risks related to general solicitation of potential shareholders. Here’s an excerpt from what I wrote about the deal on January 4th. Read the rest in my column on Forbes, Accounting Watchdog.
“A law by itself does not bring benefits. Measure the benefits of the moral and ethical behaviors the law promotes and requires, instead.”