Facebook's IPO flop: Who got rich?
For all the disappointment with Facebook's public debut, a ton of money was there to be made. Here's a look at some insiders, banks and traders who cashed in -- and how you may have gotten a cut, too.
RECENT TECHBIZ POSTS
I never joined facebook, for good reasons...
Saw how much time others wasted on it...
Now I see how much money was wasted on it...lol
When will people realize the stock market is just a form of legalized, corrupt gambling?
Vegas is far more trustworthy.
I had not doubt that this was going to be a fiasco except for the guys that were trying to push it, look like people are waking up. Who is going to buy stocks of a company based on smoke ? I never used facebook and will never use it, this is another trend that will pass as fast as it surged.
Why would anybody want to place all private information on public places like all these so called "Social Media" sites is beyond any logical reason.
It is like a welcome to hackers and identity thieves.
Where are the Occupy protesters? The 1% just got even richer but not one peep out of them. Oh wait... that's right , they are too busy uploading photos and updating their Facebook status. Too funny.
This is why the rich get richer get richer and we get the shaft.
normally you go to jail for corruption and fraud ,scam
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