Financiers and Sex Trafficking
… That mystery is solved. The owners turn out to include private equityfinanciers, including Goldman Sachswith a 16 percent stake.
Goldman Sachs was mortified when I began inquiring last week about its stake in America’s leading Web site for prostitution ads. It began working frantically to unload its shares, and on Friday afternoon it called to say that it had just signed an agreement to sell its stake to management.
“We had no influence over operations,” Andrea Raphael, a Goldman Sachs spokeswoman, told me.
Let’s back up for a moment. …
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brandef reblogged this from becauseithinktoomuch
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intheoryandinpraxis reblogged this from c4ss and added:
Oh come on. Backpage is a Craigslist clone. It isn’t a site that engages in, or even facilitates, human trafficking....
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