Goldman's social network-deprived staff get Facebook lesson

Goldman's social network-deprived staff get Facebook lesson

Goldman Sachs, which normally enforces a strict policy on staff access to social networking sites, yesterday invited in Facebook CFO David Ebersman to give a tutorial following the bank's $450 million investment in his firm.

According to Bloomberg, Ebersman paid a visit to Goldman Sachs's San Francisco office to walk members of its private wealth-management group through the site.

The tutorial, which other staff tuned into through video and phone, was designed to ensure employees understand Facebook so they can explain it to older clients when the bank moves to raise another $1.5 billion for the Web firm.

Normally, Goldman staff are flashed a message warning "access to this site is logged and audited" when they try and log into Facebook, with usage restricted to "legitimate business" says Bloomberg.

Goldman Employees Blocked From Facebook Get Tutorial - Bloomberg

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