Is anyone besides me completely unsurprised that Facebook’s absurdly over-hyped IPO ended in predictable disaster? As the investigations and lawsuits roll in, I think it’s useful to consider that everyone involved appears to be afflicted with Alzheimers. Nostalgia for the heady days of HomeGrocer.com and the latest (now defunct) telecom continues to addle the minds [...]
Tags:
Alzheimers,
Andrew Breitbart,
Condi Rice,
Donald Trump,
Enron,
Facebook,
Facebook IPO,
Goldman Sachs,
Housing Bubble,
James O'Keefe,
JPMorgan,
Mission Accomplished,
Morgan Stanley,
Tech Bubble,
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It seems that there are two ways to rob a bank; one of which is awfully difficult and scary and might even land one in either jail or the morgue; the other, far better one is a lot easier, cleaner, more profitable, and carries no discernible consequences, and has therefore skyrocketed ahead in both popularity, [...]