Zuckerberg Bombshell: Did Facebook Bankers Quietly Slash Forecasts Before IPO? - The Da... - 0 views
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Two days after a disastrous initial public offering, shares in Facebook are collapsing. They’re down to $33, well below the IPO price of $38.
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The larger picture is that a powerful company, one that is collecting more information about more people than any organization in history, one that has 900 million members, making it the third-largest country on earth, is in the control of a 28-year-old man who has a history of being, well, less than forthright. Will it ever occur to people that so many who rub up against Facebook later notice that their watch and wallet are missing?