If Facebook’s a scandal, what about GM?

[busybody..]

MICKEY KAUS: If Facebook’s a scandal, what about GM?



Facebook’s IPO launched at $38 a share, and the stock is now trading at $32, and the company and its bankers stand accused of having “hyped up” the stock.** There are lawsuits and hearings.

GM’s post-bailout IPO launched at $33 a share, and the stock is now trading at $22, after being repeatedly touted by the highest officials of the U.S. government. Yet the suckersinvestors who bought it aren’t having a cow.

It’s different when the government bilks you.

 

[phrodeau]

How much did you lose?

 

[NeverEndingMe]

How much did you lose?

There is no scandal as long as the criminal’s aka obama supporters donate to the regime, right! Oh wait, right?

 

[phrodeau]

Check me out, I'm surrounded by idiots!

 

[NeverEndingMe]

Check me out, I'm surrounded by idiots!

are you looking in the mirror?