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  1. #1

    Sounds like sour grapes....

    Our stock didn't fly!!!
    There has to be somebody to blame other than the truth.


    NEW YORK (CNNMoney) -- Regulators are looking into a report that Morgan Stanley, the lead underwriter for Facebook's initial public offering last week, shared a negative assessment of the social network with major clients ahead of the IPO.

    The comments from Rick Ketchum, head of the Financial Industry Regulatory Authority, an independent regulatory body, came after an article from Reuters said that a Morgan Stanley analyst reduced his revenue projections for Facebook (FB) shortly before the offering and shared this with institutional investors.
    Link

  2. #2
    renegade
    Join Date
    Sep 2011
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    hell, how many average people (like me) were saying it's a fools investment?
    iceberg
    president obama: "The Internet didn't get invented on its own. Government research created the Internet so that all the companies could make money off the Internet."
    iceberg: no your honor, it wasn't hard at all to tell when the drugs kicked in....

  3. #3
    Now cue taxpayer money to fund an investigation to "get to the bottom of this" ... to find out precisely how a group of greedy people managed to hype a pile of dogshit and pump-and-dump it onto a sea of absolute fucking idiots. Yes ... lets literally make a federal case out of discovering the mechanism whereby fools are parted from their money.
    “We can evade reality, but we cannot evade the consequences of evading reality"
    -Ayn Rand

  4. #4
    Senior Member
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    Obama was busy pimping Facebook to anyone that would listen. MS did not fall in line and parrot Obama so now they must be punished!
    When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it. --Frederic Bastiat

  5. #5
    How could anyone not see this was going to be a bad investment. Facebook generates among the lowest ad revenue to it's advertisers of any major player...

    It's maxed out on membership and the next thing in order is monthly fees... it isn't happening...

    If they try to invoke monthly fees, the mass exodus to other social networking sites will mkae their heads spin...

    Interestingly enough Justin Timberlake bought a huge stake in myspace after starring in The Social Network...
    There is only one basic human right, the right to do as you damn well please. And with it comes the only basic human duty, the duty to take the consequences.

    - P. J. O'Rourke

  6. #6
    All it does is set up an environment where a generation of the privileged start screaming for more regulation. You have to wonder if this shit isn't intentional. The only way to balance the system is to allow people to get their asses burned, not provide the illusion of another safety net, provided by professional compromisers and thieves. This is getting ridiculous.

  7. #7
    Quote Originally Posted by VTA View Post
    All it does is set up an environment where a generation of the privileged start screaming for more regulation. You have to wonder if this shit isn't intentional. The only way to balance the system is to allow people to get their asses burned, not provide the illusion of another safety net, provided by professional compromisers and thieves. This is getting ridiculous.
    "I got buttzucked, and now my asshole hurts. I want a do-over! A bailout! And we need more government authority to prevent this!"

    :0/
    “We can evade reality, but we cannot evade the consequences of evading reality"
    -Ayn Rand

  8. #8
    Quote Originally Posted by ThaBigP View Post
    "I got buttzucked, and now my asshole hurts. I want a do-over! A bailout! And we need more government authority to prevent this!"

    :0/

    Holy shit a new term! Buttzucked. Patent BP, patent it now.

 

 

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