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Forum Post: The most public Wall Street circle jerking

Posted 1 year ago on May 19, 2012, 5:36 p.m. EST by ClearTarget (216)
This content is user submitted and not an official statement

http://www.reuters.com/article/2012/05/18/net-us-facebook-ipo-smallinvestors-idUSBRE84G1E820120518

Now that everything has simmered down a bit, what does everyone here think of the Facebook IPO?

"At Fidelity, the funds and brokerage giant, Facebook shares will be reserved only for clients with at least $500,000 in assets" It seems to me that the Facebook IPO was and still is nothing more than Wall Street circle jerking. This also destroys the righty fairy tale of "equal opportunity". Hard work and perseverance certainly does not pay as much as being buddies with crooks in this capitalist society. And people wonder why OWS exist.

4 Comments

4 Comments


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[-] 1 points by avaiki (1) from Palauli, Palauli 1 year ago

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google ad block.

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[-] 1 points by ClearTarget (216) 1 year ago

I'm not sure what you're trying to imply. Is there an issue viewing the article?

[-] 0 points by beautifulworld (20506) 1 year ago

I think Facebook is costing us all a lot of money in the increased advertising costs we have to pay on all the goods we purchase. It's also a huge privacy issue. So, really, it's the American people who are enriching these folks.

[-] 2 points by MattLHolck (16833) from San Diego, CA 1 year ago

people filling facebook with content

Emilie Autumn "We Want Them Young" VERY HQ AUDIO

Doctors: We want them young We want them fresh We want them We want them now!

Inmates: We want our freedom from this prison Help us! Please let us out!

New Inmate: I should be home by now… Someone will come for me…

Dr. Stockill: It was they who sent you to our fine institution You’re difficult, we are the solution God, didn’t you know, didn’t you think, didn’t you see Fool!

Doctors: Look to your neighbors To your friends Look to your daughters To your wives You must release them to our care You are endangering your lives Let us relieve you of your burden From the fear you’re living in Protect yourselves from their corruption From their wickedness and sin

Inmates: It’s far too crowded in this cell We are not living — we’re in Hell! When will the tables finally turn? When will they fall?

Doctors: When will they burn?

http://www.songmeanings.net/songs/view/3530822107859426607/#b2OfKvVots7mljT0.99

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