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 . '/' . substr('9780520223165',-6,3) . '/' . '9780520223165' . '.jpg'; ?>)
By Orville Schell (Foreword), Wayne Miller
By Robert B. Reich
$16.50
$17
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west.m (CC BY 2.0)
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Days after a law firm launched a class-action lawsuit on behalf of investors against Facebook and its bankers, alleging that certain investors were given preferential treatment, Facebook’s shares dipped during Tuesday’s trading to near $29, more than 20% under its IPO price.
Posted on May 29, 2012
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deneyterrio (CC BY 2.0)
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Mark Zuckerberg’s fortune dropped $2 billion Monday as shares of Facebook tumbled to $34.03, 11 percent below their initial public offering price of $38. The loss prompted analysts and buyers to wonder whether the company was overvalued at the $105 billion it gained on the day of its IPO.
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Christopher Weyant, Cagle Cartoons, The Hill —
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Photo by Guillaume Paumier
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Investors raced to get a piece of the Facebook pie Thursday, as one of the most eagerly anticipated initial public offerings finally became available to a select few.
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Tom Janssen, Cagle Cartoons, The Netherlands —
Posted on Feb 4, 2012
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Flickr / Ksayer1 (CC-BY-SA)
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Facebook’s rise to cyber-domination amounts to the biggest online success story of the 21st century thus far, and on Wednesday the social networking behemoth took it up another notch by filing for what could be the most massive Internet initial public offering ever.
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White House / Pete Souza
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When Robert Gibbs left his White House post as the Obama administration’s chief communicator, he made some vague noises about his plans for the future beyond maintaining loose professional ties with his former boss. Now it looks as though he may join another powerful institution: Facebook.
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flickr / deneyterrio
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Well, you may have to wait awhile, unless you’re among Goldman Sachs’ circle of elite customers who were given the investment opportunity Sunday night—an indication of other possible big moves that Goldman and Facebook might make down the line.
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Flickr / Lacie Babenco (CC-BY-SA)
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The troubled, bankrupted, bailed-out, reinvented automaker had a record day on Wall Street, potentially raising $23.1 billion, and the White House is breathing a sigh of relief. But as the BBC’s Paul Adams cautions, it will be a while before the taxpayers get their money back.
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