Mark Zuckerberg
Reports are indicating Facebook engaged in insider
trading, to protect wealthy investors that are friends of so-called
founder, Mark Zuckerberg. This conduct is completely criminal and
warrants an investigation. An embarrassed Congress has already called
for an investigation into the fiasco of an IPO, after a few senators
were grandstanding over ex-pat, Eduardo Saverin, for renouncing his U.S.
citizenship, after being ripped off by Zuckerberg.
Mark Zuckerberg
A number of investors not in Zuckerberg's circle of
friends, have sued stating Facebook inflated the value of its stock and
earnings. In the past, Zuckerberg did something similar in undervaluing the company, to give the Winklevoss twins as little money as possible
in court, after they sued him for
stealing their idea, which became the social networking site Facebook.
When thy figured out they'd been duped out of at least $10 billion
dollars, they sued to reopen the case, but the Supreme Court failed in
refusing it.
"The Social Network" movie
Sadly, people that clamored to Zuckerberg have egg on their faces
for defending him, as the IPO has been a complete disaster of global
proportions. He is a one trick pony that stole his way to the top
and is now experiencing a fall from grace. It's time the public learns he's not the man with the
ideas like Steve Jobs was when he was alive. Zuckerberg is the man that
stole an idea.