The Humble Libertarian

Mind your business.




Tuesday, May 22, 2012

Did Facebook Executives Privately Tell Institutional Investors to Lower Their Estimates on the IPO?

Taking Facebook public is turning into a financial scandal. Drudge Headlines today:

ZUCKED!
NASDAQ WOULD HAVE PULLED STOCK....
THE $40 BILLION VANISH...
MORGAN STANLEY Under Review...
Massachusetts subpoenas...
Selloff Nearly Turned Into Bigger Run...
Stock Loses 18% of value...
Investor Sues... '
The insiders got greedy'...
'They knew the jig was up'...
Zuckerberg sell shares...
 FRIENDS: OBAMA TOUTED FACEBOOK IN 'CAMPAIGN' TOWN HALL...
DOOM: FACEBOOK could destroy economy?

The financial pundit universe is awash with Facebook stories, including many that are alleging outright fraud.

Did Facebook Feed Inside Information to the Big Boys … While Leaving the Individual Investor In the Dark?
Read the rest here
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Judy Morris,
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