Facebook's Mark Zuckerberg Kicked Off The Billionaires List

 

Mark Zuckerberg and his wife looking glum on their honeymoon

Things are going from bad to worse for Facebook CEO Mark Zuckerberg, as he has been kicked off Bloomberg's billionaires list, due to his company's IPO turning disastrous on Wall Street this year. Facebook's value was greatly inflated by the company.

Many stockholders were fleeced as a result, losing large sums of money investing in the company, when the stock plummeted as soon as it hit the market. Considering Zuckerberg's documented history of stealing intellectual property and betraying friends to get ahead in business, it is just that he face these issues.

Mark Zuckerberg Is Having A Very Sad Honeymoon Due To Facebook's Flop On The Stock Market

Mark Zuckerberg and wife Priscilla Chan (Photo Credit: Splash News) 

The photos of Facebook CEO, Mark Zuckerberg on his honeymoon in Italy are quite telling. He and his new bride, Priscilla Chan, look depressed. I've never seen a married couple look so sad on their honeymoon. What could be troubling them.

Mark Zuckerberg and wife Priscilla Chan (Photo Credit: Xposure) 

Could it be because Facebook's IPO was a disaster, scores of people are suing him and the stock is sagging like Madonna. Yea, that'll do it. Such circumstances would bring just about anyone down. What a sucky way to spend one's honeymoon, moping and looking like one wants to cry. Congrats! Somewhere the Winklevoss twins are laughing.

Facebook Fallout Continues As More Information Is Made Public On Disastrous IPO Filled With Insider Trading

Hype Over Substance

 

Barack Obama (center) and Mark Zuckerberg (right)

Facebook stock is being publicly referred to as a rip-off, after a catastrophic IPO on Friday, May 18, 2012. The stock has had a tumultuous week since its debut, continuing on a downward decline. It was hyped to be the biggest and best IPO ever to hit America.

It was done in order to sucker investors out of their money, but the bubble burst immediately, leaving many feeling duped. Some people borrowed money they didn't have to buy the stock, while others risked much of what they had and are now facing serious financial problems for having done so.

Zuckerberg cashed out of Facebook immediately, while investors got burned. He made a fortune in doing so and saved a lot of money in the process as well. This should serve as a red flag to investors. What kind of terrible message is that for Zuckerberg to send to the domestic and global public, regarding the head of the company quickly dumping the stock, indicating he doesn't even believe in his corporation.

Some portray Zuckerberg as a genius and thrifty figure, but he is neither. He is a thief that stole Facebook from the Winklevoss twins and Eduardo Saverin and has been living a lavish lifestyle in a massive mansion off the criminal proceeds of his illegal conduct.

He has escalated the theft to a whole new level, by stealing from the public in overvaluing Facebook for its Wall Street IPO, then immediately dumping the stock when the truth became apparent, making a financial windfall in doing so. This constitutes several felonies.

Mark Zuckerberg

Facebook's IPO is damaging the U.S. economy, with lawsuits flying, people demanding full refunds and many questioning the integrity of the stock market. After Madoff, Stanford, Enron and Worldcom, to name a few, the public is weary of being fleeced and misled by the financial sector. The SEC is doing a poor job of regulating the industry.

Once again, President Obama and the FBI find themselves in controversy, having legitimized Zuckerberg in the public's eyes, via the former inviting him to the White House for a full press dinner and separately, invasive FBI Director, Robert S. Mueller, tracking Zuckerberg down to kiss his backside at a function, in seeking to use Facebook to illegally spy on Americans, as is his way.

Once again, the Obama Administration is championing criminals to the public's detriment, while trying to destroy honest businesspeople that don't bow down and worship him, but publicly speak out, realizing he is taking the nation down the wrong path.

As stated on the site previously, the Judiciary Report is on the side of truth, as difficult and as odd as it may seem sometimes, due to the deeds of others. The Judiciary Report does not like breaking negative, incendiary or weird stories, but when the conduct of certain individuals or companies is of that nature, it becomes a matter of public interest the world needs to know about.

You cannot say the site did not warn you of questionable conduct on the part of public figures and executives at Facebook (and other companies such as News Corp as well). The Judiciary Report and its sister site, the Celluloid Film Review, warned for well over a year that Facebook is operating on fraud. The Facebook site may be fun for the public to visit, but for world governments and financial investors, the sites warned there are serious problems behind the company. Now you see some of it for yourself (there's worse to come).

Facebook Engaged In Insider Trading Knowing Stock Would Flop

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.

U.S. Senator Schumer Speaks About Facebook Founder Like He Is A Runaway Slave For Leaving America

Barack Obama and Democrats harassing Facebook co-founder Eduardo Saverin for peacefully leaving America

In an appallingly disgraceful display from a lawmaker in the U.S. Congress, Senator Chuck Schumer, a Democrat, slammed Brazilian born Facebook founder, Eduardo Saverin, for renouncing his acquired American citizenship and moving to Singapore. Saverin immigrated to America from Brazil with his wealthy family as a teenager. The family lived in Miami, Florida for years and Saverin became a U.S. citizen in 1998. He renounced his U.S. citizenship on April 30, 2012.

Schumer spoke of Saverin in terms that one would think the tech genius is a runaway slave that needed to be retrieved or punished, as a headline correctly summed it up as, "Dem senators introduce bill to punish Facebook co-founder Eduardo Saverin." How vindictive and vile.

Is his name Kunta Kinte Saverin. Did Mr. Schumer and the senator that cosponsored the bill, Democrat, Bob Casey, buy Saverin at a slave auction, thus making him their property, to do as they command. When you bark about people in those terms and from the U.S. Congress of all places, that's the impression in gives.

Let's get something straight. You didn't make Saverin or anyone else - God did. Voluntarily come down off your high horse before God does it for you.

What's ironic is Saverin has created more jobs in America with his intellectual property (Facebook) than Schumer or Casey have or ever will. Saverin has put more money via taxes into the U.S. Treasury than Schumer or Casey have or ever will. So if one is to judge who is a great American based on how much taxes they pay, which is basically what Schumer and Casey's proposed bill is implying, Saverin would rank very high and they would rank quite low.

Schumer referred to Saverin's departure as something that is apart of a "despicable trend." You know what the Judiciary Report thinks is a "despicable trend"? The obscene amount of money Congress and Obama Administration keeps spending in taxpayer money, with squat to show for it. But I digress...

Eduardo Saverin peacefully and quietly left America two weeks ago for "personal reasons" and is being attacked for it by the Obama Administration, Congress and some in the press. Why all the ruckus. Let the man be.

If Congress thinks people leaving America is a "despicable trend" the legislature needs to look itself in the mirror and ask why people are doing so. Currently, the Obama Administration has and continues to abuse its powers at the FBI, SEC and IRS, to unlawfully harass and punish people and companies that do not sing the praises of Barack Obama, which is corrupt and unconstitutional. I ask you, how does such misconduct make America better or stronger. It has made the nation weaker and poorer.

Schumer and Casey's bill is another abusive move in that same vein. Sponsoring a vindictive, mean, slavetrader sounding congressional bill, is not going to stop anyone from leaving America, nor will it entice future businessmen and women to come to the country with their ideas and investments, as the Saverins, among others, did years ago.

They will look at how Saverin and others are being treated for expanding their horizons and living in a different part of the world and opt against going to or investing in America. They will forgo the nation, thinking to themselves, if at any time I choose to live somewhere else, I will be vindictively maligned in public and maliciously pursued by the U.S. government, seeking to harm me for a peaceful, personal choice. That's a risk most will not want to take.

What is being said about Saverin and the vengeful actions being taken, because he as a human being with rights, chose to freely move about the world, is disgraceful. Saverin and others are crazily being punished by a group of arrogant senators, acting like their personal slave property ran away. It is not Congress' finest hour. It is one of its worst.

Schumer and Casey are acting like a boyfriend after a break-up with a girl that has moved on. It's the equivalent of Schumer and Casey chasing Saverin down the street and into the airport screaming, "You can't quit me" and "I'll get you for this."

Mark Zuckerberg

I find it odd that Mr. Schumer and Mr. Casey think threatening, bullying and barking foul legislation at someone from the floor of Congress is going to make them want to stay. If anything, it would reaffirm a person's decision to leave. What's next with Congress, will certain senators do what Hollywood has done in maliciously, fraudulently, crazily and obsessively filing a lawsuit over a person lawfully leaving America (yes, they've done that in another case, but more on that in another article to be published shortly).

Some are describing Saverin's departure as a tax dodge. However, the reported "$67,000,000" in taxes he allegedly dodged is nothing to Saverin, who is worth $3 billion dollars (Saverin only owns 4% of Facebook, after being robbed by greedy, disgraceful Mark Zuckerberg, as seen in the movie "The Social Network").

Saverin stated of his move to Singapore, "I did not think once about my position related to tax savings. The whole idea that that was important to me or part of my consideration is not accurate...simplicity of focus so that my time and efforts can be spent on what matters to me. If I chose to open a bank account locally in Singapore, most of the banks would not accept me in having a fully functional bank account."

Saverin lists his departure as one based in "personal reasons." If you watched the movie "The Social Network" you really shouldn't be surprised he left. I can't imagine the nasty, horrible, contentious, corrupted legal battle and the foul, disdainful way Saverin was treated by crook Mark Zuckerberg, didn't weight on his decision to depart. That whole experience would leave a bad taste in anyone's mouth. Life is too short to have one's quality of life drained by such terrible events. No amount of money can compensate for that.

"The Social Network" movie

Zuckerberg is a little thief and he needs to stop pretending he is otherwise. He stole the idea for Facebook from the Winklevoss twins, then Suckerberg as he is called by some online, suckered Saverin, his roommate, into giving him money ($30,000) and his mathematical code (algorithm) to build the site that became Facebook.

Saverin's algorithm was invaluable to Facebook, because Zuckerberg couldn't get the site to work without. Saverin brought a lot to the table in intellectual property and via funding the project now known as Facebook. Congress owes him some gratitude for the jobs and international acclaim Facebook has created, not the unhinged contempt of a group of vengeful senators, disgracing the legislature.

Saverin and the Winklevoss twins are the parents of the baby that is Facebook. Zuckerberg is the nurse that helped to deliver the baby, who then stole it. By right and under the law, he should be in prison for what he did, as it constituted criminal copyright infringement, fraud, bank fraud, grand theft larceny, conspiracy to defraud and racketeering, among other charges.

Zuckerberg is a glorified webmaster. Webmastering is a job I've done for 11-years, so I know it when I see it. At most Zuckerberg should have been given a set fee of a few thousand dollars for designing the website Facebook that was someone else's idea, project and computer code. When you look at Google, it is a detailed algorithm that is worth billions. Much like Saverin's algorithm is worth billions, all of which he has not received after being ripped off by Zuckerberg.

What makes a great site is the idea behind it and its contents, not necessarily the aesthetic design by the webmaster. There are some sites that are great to look at, but that's all you do and don't visit often, because its contents is airheaded and boring (some of you know men and women like that as well).

Then there are other sites that have a basic design without all the bells and whistles, but the idea and content causes you to visit often. Look at Drudge Report. The design is pretty basic, downright archaic, but the idea behind it and contents are what made it a hit. But I digress again...

Charles Schumer and Bob Casey

In the end, Saverin and the Winklevoss twins got screwed out of 99% of what was due to them, tens of billions of dollars, while that little weasel Zuckerberg goes around the world taking full credit and most of the money, $20 billion dollars, for something he stole, Facebook.

Zuckerberg is one of the biggest thieves in history and has been recorded as such thanks to "The Social Network." That's one of the great things about film. It immortalizes a story for everyone to see indefinitely. The Facebook story is and continues to be a great injustice that needs to be corrected.

Saverin was robbed of tens of billions of dollars and now Congress is forming legislation to try and rip him off some more, after all he did for America and after the unconscionable things Zuckerberg did to him. Zuckerberg didn't make Saverin rich, it's the other way around. Saverin's family already had money when they came to America and now Congress is trying to take as much of that money as possible.

Something has profoundly gone wrong in the system. The government needs to stop whining about people leaving and ask itself what in the legal system and legislature is causing such things to happen, regarding people leaving, seeking other places to live and do business. Congress and the Obama Administration know the answer. They are just too embarrassed and ashamed to admit they are a big part of the problem.
But go ahead with the acts of malice, as the nation and world are watching and shall judge you by it forever. So shall God.

Facebook Founder Flees America For Singapore Renouncing His U.S. Citizenship In An Emerging Pattern

Barack Obama

According to mainstream press reports, multi-billionaire, Eduardo Saverin, the man whose mathematical code was used to build social networking website, Facebook, has renounced his U.S. citizenship acquired in 1998 and moved to Singapore. The Academy Award winning film "The Social Network" exposed the fact that Brazilian born Saverin, who moved to America as a teenager, used money from his dad to start Facebook, but was later robbed.

Saverin met Facebook co-founder, Mark Zuckerberg, the face of the company, at Harvard University, where the two were roommates. Saverin later sued Zuckerberg for trying to push him out of Facebook to steal all the profits and credit, which would not have been possible without Saverin's money or mathematical prowess, via a detailed algorithm he authored.

Zuckerberg also stole the idea for the Facebook website from fellow Harvard students, the millionaire Winklevoss twins, who sued him in court. They were given a settlement, nowhere near what they deserved, but this was due to the fact Zuckerberg lied about the value of the company. The case was reopened but corruptly closed by the court.

The brilliant Saverin left America on April 30, 2012, to start a new life in Singapore, opting to invest in Asian markets and live there "indefinitely." Saverin currently has two companies. There is an emerging trend of brilliant businesspeople leaving the United States, to start lives and businesses in other nations, as the financial climate has become very difficult to maneuver, with no support from the court system or federal law enforcement in the event there is a problem.

The Obama Administration has done very little to stem this new "brain drain" from the nation, as he is preoccupied with his "green" religion of solar power and promoting gay marriage. At the end of the day, if the financial sector is not booming, there will be no money for "green" initiatives or anything else. Please understand that and let it sink in. Realize what it means and the risks facing you as a government. No money, no nothing.

These massive deficits cannot continue. This mass unemployment cannot continue. The nation will collapse under this massive debt and unemployment. You are focusing on the wrong things. As a government, you need to get your priorities in order, if America is to enjoy the unprecedented financial prosperity it had in the past. The past 12 years have been nothing but a lamentable downward spiral.

Eduardo Saverin

People give the government advice and they do not listen, running head on into calamity. The Judiciary Report is on the side of truth and it has been sorely absent in the past two administrations. Over the past decade it has eroded the U.S. economy to astonishing degrees.

The Judiciary Report suggested cutting the deficit, the Obama Administration did not do it, which turned out very badly (Obama Calls For Job Summit and GDP Data Shows The Recovery Failed). The Judiciary Report suggested making stimulus tax dollars stretch in creating jobs, the Obama Administration did not do it, which turned out very badly (Obama Calls For Job Summit). The Judiciary Report suggested the Obama Administration avoid solar and nonessential initiatives, the government did not do it, which turned out very badly (Obama Solar Firm Fails Filing For Bankruptcy And Laying Off 1,110 People).

Mark Zuckerberg

The Judiciary Report suggest the Obama Administration allow U.S. corporate giants to repatriate nearly a trillion dollars to American shores, with tax forgiveness, the president didn't do it, which turned out very badly, as all that money is working for foreign economies, not America. The type of interest accruing on that money, giving foreign banks capital to work with and move around, could have benefited America, but as usual, the Obama Administration did not listen.

It would have been better for the U.S. economy had the money been in American banks in the States, because the aforementioned corporate giants lose nothing in keeping the money abroad where it is working for other nations. When they choose banks that do not do business in America, they are not subject to American law and do not have to report anything to the Obama Administration. Thus, there is no fear of legal penalty.

The Social Network" movie

The Obama Administration has made it very difficult to do business in America, but unwisely believes its okay, not processing the fact businesspeople can leave and take billions in assets, projects and ideas with them. Then America loses out, all because of a stubborn, unthinking administration that refuses to make things right in the corporate and legal sectors. It is going to add up.

Life is too short. People don't want to go through all that hassle and harassment, as the Obama Administration has been vindictive. People would rather work peacefully and spend their free time enjoying quality time with their family - not worrying about an administration's unorthodox and sometimes unlawful maneuvers, plotting and interfering in their businesses. The American people are going to hold Obama accountable for said "brain drain." So will history.

 

Bill Clinton

It is being reported that fellow Democrat and former President Bill Clinton referred to Obama as "an amateur" for his political and economic failings. Obama is not being smart about a number of issues that are going to come back to haunt him and the government for generations to come. You can lead a horse to water...

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The Facebook Flush

Mark Zuckerberg

Reports indicate, Facebook has lost over 8,000,000 users worldwide - 6,000,000 of them in America. Could it be due to the film "The Social Network" and the negative reviews that followed. The Judiciary Report's sister site, the Celluloid Film Review, did an in-depth review on the film, slamming the misconduct Facebook founder, Mark Zuckerberg, engaged in as seen in the movie. It would have been so much better had Zuckerberg not cut the Winklevoss twins out of their own creation he stole and ran with, claiming it as his own, when emails between the parties reveal otherwise.

STORY SOURCE

Report: Facebook loses 6M users in US

Movie Review: The Social Network

Title: The Social Network

Year Of Release: 2010

Review Date: February 28, 2011

Rating: PG-13

Running Time: 110 minutes

Box Office Gross: $261,924,837

Site Rating: 5 out of 10 stars

Note: this review contains spoiler alerts. Warning: This film contains sexual situations, semi-nudity, lesbian scene, bad language and gambling.

"The Social Network" is the story of the Facebook website and how Mark Zuckerberg stole it from four people. The Oscar winning film, traces the site back to its roots in American universities. The idea began with an attempt to capitalize on university "facebooks" which are college websites containing the photos of students.

Zuckerberg hacked several prominent universities' sites, while he was a student at Harvard, in order to create a mean composite of the copyrighted data, know as "Facemash" which cruelly compared women to animals. The site was full of insults that offended many. So much so, Zuckerberg got into trouble at Harvard for this misconduct, but nothing substantial came of it.

Wealthy paternal twins, Cameron and Tyler Winklevoss and their friend, Divya Narendra, read about Zuckerberg's computer abilities, which were exaggerated, as the basis for his coding and scripting work, came from his roommate, Brazilian, Eduardo Saverin.

The Winklevoss' and Narendra, met with Zuckerberg and pitched an idea to him of creating a website called "Harvard Connect" to contain photos, bios, blurbs and basic biographical data of university students. They all communicated by email, which later sunk Zuckerberg in legal proceedings, as it revealed a criminal line of intellectual property theft.

Zuckerberg agreed to design a site based on their idea and concept, also known as a webmaster. However, Zuckerberg later gave them the run around, stole their site idea and concept and used Saverin's computer code to create it.

Mark Zuckerberg and Priscilla Chan

According to the film, Zuckerberg, who asked Saverin to borrow his mathematical code, did not tell him that he had stolen the idea and concept for the website. Zuckerberg had indeed stole Vinklevoss' and Narendra's site, changed the name to "Harvard Connect" and renamed it "TheFacebook."

It wasn't long before Zuckerberg stabbed Saverin in the back as well, cutting him out of Facebook, a site that is based on his algorithm and would not have been able to go online without him or his $28,000 investment.

Eventually, Saverin, Zuckerberg's only friend, sued him over this criminal betrayal, as did the Winklevoss' and Narendra. They all settled, but the Winklevoss' and Narendra, sued Zuckerberg again, for lying about profits.

Another thief and destroyer of other people's wealth, Napster's racketeering founder, the mentally unstable, Shawn Parker, also makes an appearance in this film, played by Justin Timberlake.

In a fair and just judicial system, the Winklevoss' and Narendra would be the major shareholders and CEOs of Facebook and Zuckerberg the webmaster on staff, head of the IT department. However, the justice system is too corrupt and full of bribery to right said wrong and to the government's embarrassment.

"The Social Network" made Zuckerberg look very crazy, mentally ill, weird, detached, devious and arrogant. Make no mistake, this film shows him as a complete and total villain, who has serious mental problems.

Zuckerberg is a criminal. There's no way around it. While watching this film, even my mother, who is usually sympathetic to people stated, "He should be in jail." And she is right. Not only did Zuckerberg brazenly steal other people's place in world history, he robbed them of their money as well.

He committed a laundry list of crimes, such as hacking, copyright infringement, criminal copyright infringement, invasion of privacy, the illegal distribution of digitized images and willful violations of the RICO statutes. That is conduct worthy of at least 30 years in prison.

President Obama (center) Mark Zuckerberg (right)

There is nothing legal about what Zuckerberg did and yet he is free, which says a lot about the government. Zuckerberg even met with fellow Harvard graduate, the President of the United States recently, which says a lot about Obama's attitude on corporate governance and crime.

Even the Harvard dean in the film, Larry Summers, was arrogantly and corruptly dismissive of the criminal conduct, which says a lot, as he was a high ranking U.S. government official (must be something in the water in Washington).

One cannot hold this madness up as the new business model or attempt to shine a light on it as an example of how to do business. The proof is in the pudding, as all this stealing that has been going on in the corporate sector, has all but destroyed the U.S. economy. Millions of people are suffering because of this corrupt business model and America is poorer than ever, due to this illegal redistribution of wealth. That is not success. It is not genuine. It is criminal.

Zuckerberg has the mentality of some in the corporate sector, such as Bernie Madoff, R. Allen Stanford and a number of thieving Hollywood stars and studios, such as Warner Bros., Sony, Madonna, Simon Cowell, Simon Fuller, Jay-Z, Beyonce, Rihanna, Nicolas Cage and Will Smith, to name a few, who believe they are to criminally steal their way into a lavish lifestyle, fame and glory.

They live by the credo of stealing and stepping on others, believing it will make them rich and famous, with no consequences. Never mind it hurts people and nations. It destroys them as well. A nation cannot function in this manner, as it is only a short matter of time before it will implode.

Months ago, on December 8, 2010, the Judiciary Report warned America is heading towards revolts, protests and uprisings and this was before the recent turmoil in nations such as Egypt, Bahrain and Libya this year (December 8, 2010: Ben Bernake Didn't See The Financial Crisis Coming).

America is currently on an unsustainable path, which will lead to mass poverty and complete financial ruin. This is due to the corrupt policies in Washington, allowing the corporate sector to commit any egregious financial and social crime they feel like, with impunity, to the detriment of the nation. This needs to stop. People are not going to continue tolerating it and the government is headed for an unprecedented disaster.

http://www.celluloidfilmreview.com/the-social-network.htm

Facebook Ownership Lawsuit Gets Ugly

Mark Zuckerberg

UPDATE 7-17-10: Facebook's assets have now been unfrozen by a federal judge

The well-known, social networking website, Facebook, was founded at Harvard University, by a group of students, Tyler Winklevoss, Cameron Winklevoss, Divya Narendra and Mark Zuckerberg. It was originally named ConnectU.

Zuckerberg was later publicly accused of commandeering the project, stealing the source code and taking it public, cutting the others out of a financial stake in the burgeoning website. The Winklevoss twins (members of the U.S. Olympic team) and Narendra sued and the case was dismissed. They re-filed the case and Zuckerberg settled it for $65 million dollars.

Now comes another lawsuit against Zuckerberg. Paul D. Ceglia, alleges in 2003 he contracted Zuckerberg to design a website, the latter called "The Facebook" paying him $1,000 and 50% ownership of the site.

Ceglia has now sued him, claiming 84% ownership of Facebook. The judge in New York presiding over the case, Thomas Brown, has frozen Facebook's assets until the case is resolved.

STORY SOURCE

Facebook Assets Frozen by NY Judge: Who Owns Facebook?