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Face-Booked: IPO price drop sparks Zuckerberg & bankster lawsuits

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Published on May 24, 2012

The status of Facebook's CEO Mark Zuckerberg isn't looking too good right now - his company is once again facing lawsuits. The social network's market launch on Friday resulted in a sharp share-price nose-dive, with several investors set to take legal action against the company, as well as the banks involved in the flotation.

Margaret Bogenrief, financial analyst talks to RT. She believes Facebook's finances will not be too badly affected by its drop in share price, but says the whole story will eventually burst some flotation bubbles.

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Top Comments

  • bamboo4tameshigiri

    If you make all of your money from money and you don't add real things to this world- you are a parasite.

    · 32

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    in reply to OnSafari247 (Show the comment)
  • Dick Cheney

    Whoever was dumb enough to buy shares in the FB deserve to get screwed.

    · 8

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All Comments (182)

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  • YouAreNotFree1

    Do you have a clue what you're talking about?

    ·

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    in reply to Erik20091113 (Show the comment)
  • psp785

    truth how could you think facebook was worth 104 billion dollers

    ·

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    in reply to Dick Cheney (Show the comment)
  • enticed2zeitgeist

    How was that discovered?

    ·

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    in reply to Erik20091113 (Show the comment)
  • Erik20091113

    Less the 1% of the alleged "members" actively use Facebook.

    ·

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    in reply to enticed2zeitgeist (Show the comment)
  • Tyler Murphy

    pump and dump scheme. What a scam. Once again Zionists are in the news screwing over Americans.

    ·

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  • Realitycleans

    Zuckerberg, another Jew stealing from the common person, in kahoots with the Jew banksters and using the Jew media. Get the nuke fast Iran.

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  • Raiken Xion

    "neofascists" haha, facisim, socialism, comunism its all the same thing. Understand EU was created as part of global elitist's nwo, its meant to fail eventually anyway. Germany and IMF buying out every nation that cant handle its own economy, its all bullshit.

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    in reply to bamboo4tameshigiri (Show the comment)
  • seanincali1

    0:52. once you know the price will drop after you pump it, you can make money by shorting the stocks and buying put options. ppl made a lot of money of facebook last week.

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  • bamboo4tameshigiri

    Then why have the neofascists put up such a fight to keep these nations from being able to leave for their own good. You have reality backwards in your head.

    ·

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    in reply to Raiken Xion (Show the comment)
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