Zuckerberg should be jailed

Discussion in 'Politics' started by deepthunk, May 23, 2012.

  1. deepthunk
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    deepthunk Justadude with a keyboard

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    Zuckerberg should be jailed and facebook should be liquidated to pay back investors for the money that was fleeced from them.

    The “problems” nasdaq mysteriously had in the first two hours after Facebook’s IPO, the fact that JPMorgan is one of Facebook’s underwriters and is already under investigation by the SEC, and the information contained in this article Facebook Slides Amid Roadshow Questions - WSJ.com has me absolutely convinced that the Facebook corporation in general, Zuckerberg specifically, and possibly individuals at nasdaq are guilty as heck of price manipulation at the very least.

    Personally I think any investors who were conned into buying Facebook at 38 bucks a share should file a complaint with the SEC immediately! Here’s a link to the SEC website complaint form. https://tts.sec.gov/oiea/Complaint.html

    This kind of fraud doesn’t just hurt the investors conned into buying junk stock, it undermines investor confidence, hurts the credibility of Wall Street, and costs investors so much money that it undermines the economy as a whole. I feel every American should be concerned and every American should be dedicated to stamping out this kind of blatant corruption and shameless theft.

    For every Madoff that gets caught, there’s a Zuckerberg that slides by under the radar. He shouldnt get away with it this time.
     
  2. Darkwind
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    Darkwind Gold Member

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    Have to love the guilty until proven innocent mentality.
     
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  3. jillian
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    jillian Princess Supporting Member

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    you know zuckerberg didn't set the per share price for the IPO, right?

    information is your friend.
     
  4. The T
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    The T George S. Patton Party Supporting Member

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    Yeah...Obama is already going after Morgan Stanley...that did nothing different than other firms.

    Zuckerburg did ZERO wrong did NOTHING that wasn't known of the perspectus at the IPO.

    Facebook Falls Facedown, Regime Targets Morgan Stanley

    CNBC: Regulators to Review Morgan Stanley Facebook Allegations

    PCWorld: GM Will Stop Paying for Ads on Facebook - Because They Don't Work*

    New York Times: Facebook IPO Raises Regulatory Concerns

    AP: Mass. Subpoenas Morgan Stanley in Facebook Case

    UKDM: How Zuckerberg Cashed in $1.13 BILLION Worth of Shares Before the Stock Cratered... as Price Could Nose Dive to $9.59
     
  5. Valerie
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    Valerie Gold Member

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    Investors file lawsuit against Facebook, Morgan Stanley - May. 23, 2012
     
  6. The T
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    The T George S. Patton Party Supporting Member

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    Facebook Stock was/IS ether...where it belongs.
     
  7. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    What does Zuckerberg have to do with any of it? You do know he's lost a few BILLION dollars himself in the past couple of days, right?

    Do you know a single thing about the stock market at all?
     
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  8. jillian
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    jillian Princess Supporting Member

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    morgan stanley is screwed.

    but why did tommy 'like' your post? i thought rightwingnuts hate regulations and think 'business' should be able to do anything it wants.
     
    Last edited: May 23, 2012
  9. The T
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    The T George S. Patton Party Supporting Member

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    Maybe Obama can bail them out with more stimulus?
     
  10. g5000
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    g5000 Diamond Member

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    It sounds like you don't.

    Zuckerberg is worth a lot more than he was before the IPO. It made him the 29th richest person on the planet. He just isn't worth as much as he was the day of the IPO. But he is still worth a shit-ton more than he was two weeks ago.

    Big difference.

    While the OP is somewhat irrational, the suit claiming Zuckerberg and the underwriters withheld negative earnings estimations is quite legitimate.

    The suit alleges they lied to investors. Among those investors could very well be your retirement fund.
     
    Last edited: May 23, 2012

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