The cash came from a controversial private offering to Goldman's non-U.S. clients that closed on Friday.
Clients of the firm still were clamoring to get into the private offering as of late Thursday, these people said.
For one thing, he had favored a public stock offering last summer to raise additional capital, while Zell wanted--and got the board to agree to--a private offering.
The JOBS Act accomplishes private offering rules reforms, implements many of the recommendations of the IPO Task Force and endeavors to create a healthy equity market food chain.
FORBES: With the JOBS Act, Congress Throws Open the Door for Private Stock Offerings
And you won't see his name anywhere in the 88-page information sheet that Merrill Lynch, which underwrote the private offering, prepared for investors--even though he put up the money to launch Forge.
The best approach to the Whistleblower Forensic Opportunity Trust project appears to be initially seeking limited donations through crowdfunding to pay for the private offering costs and, far more important, to raise awareness via social networking.
FORBES: Using Crowdfunding To Blow The Whistle On Investment Scams
And you won't see his name anywhere in the 88-page information sheet that Merrill Lynch (nyse: MER - news - people ), which underwrote the private offering, prepared for investors--even though he put up the money to launch Forge.
The risk disclosures in a private placement offering memo tend to be sparse and generic, and there is very little publicly available information.
At the assembly, Liberal Democrat AM Peter Black raised the issue of a private company offering single measles vaccines which had a phone number on its website for people in Swansea.
Many analysts have criticized the poor returns promised by Social Security, but under current circumstances, it would not be possible for a private plan offering the same risk profile to do any better.
FORBES: Why Americans Are Skeptical About Private Social Security Accounts
Other technology firms and investment banks are racing to raise capital and hatch potential IPOs because of the sky-high valuation Facebook is establishing with its private share offering and infusion from Goldman and DST.
So there's sure to be much interest in September when more than 200 private colleges begin offering the Independent 529 Plan--a complicated new scheme that lets you prepay a child's private college tuition at a discount to today's rates.
Do all the hedge, venture and private equity fund offering documents include such disclosure?
FORBES: 22 Tough Questions For Rhode Island's Pension 'Reform' Treasurer
Costco maintains its strength on this front by offering private label brands and bulk purchases.
FORBES: Costco's Value Focus And Membership Growth Support $110 Stock
The number of banks offering private banking has doubled to more than 4, 000 in the past decade.
And, who knows, the government could stimulate private initiatives by offering generous bounties for successful, nongovernmental exploratory missions.
In 1991, Lin founded the Hua Shan Forum, a private educational institute offering free classes in the Chinese classics, Taoism, and Buddhism.
Standing out in the industry, Silent Circle also prides itself in offering private, encrypted communication services for enterprises and individuals with absolutely no back doors.
FORBES: Silent Circle Adds Android For Encrypted Voice And Video Calls
Private companies are offering new products to fill the gaps.
David Ford has said it is "entirely inappropriate" for the DUP and SDLP to "tack on" an attempt to ban private health clinics offering abortions to his criminal justice bill.
But since 1996, FHA's share of the mortgage market has dropped from 32% to 6%, largely because the private sector began offering exotic (read: easier to qualify for) products--such as adjustable-rate mortgages, or ARMs--to an increasingly risky pool of investors.
Basic telephone services have been opened to competition, and private providers are already offering service in some areas.
They may, optionally, also sell a private version of this offering that uses the same architecture but is not multi-tenant.
These reforms are intended to encourage private pensions (by offering public subsidies and tax exemptions) to supplement the state's pay-as-you-go scheme.
Inside, the lounge is split into First and Business class dining areas, with First offering serviced private dining booths and Business, which the airline calls Club World, customers enjoying self-service.
Another important aspect of the JOBS Act is the lifting of the prohibition on general advertising and general solicitation that has since 1962 been essential to characterize an offering as private and not subject to registration under the U.S. Securities Act of 1933.
FORBES: With the JOBS Act, Congress Throws Open the Door for Private Stock Offerings
And Fidelity Investments is offering its Fidelity Private Client American Express Card through its advisers, though anyone can apply.
Meanwhile, Bridgend council leader Jeff Jones has expressed concern at a private hotel in his district offering to house 300 refugees.
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