Wednesday, May 23, 2012
Oh, Zuck: Facebook's bumpy start just got a little worse – CNN.com Blogs - Regulators are now looking into the possibility that Facebook's Wall Street investment banks may have tipped off some clients that Facebook wasn't necessarily a great buy or worth the hype it was receiving, according to reports Wednesday from Reuters and several other news organizations. “Facebook changed the numbers – they didn’t forecast their business right and they changed their numbers and told analysts,” a person at one of Facebook’s banks told Reuters. The big question is: Did certain privileged customers receive information about the Facebook offering that you as an individual investor might not have?
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