Bucket Lists

Cam Cardow, Cagle Cartoons, The Ottawa Citizen Sep 7, 2012 Dig deeper

What Goes Up

Taylor Jones, Cagle Cartoons, El Nuevo Dia, Puerto Rico May 27, 2012 Dig deeper

What We Learned About Wall Street and Big Business From Facebook’s IPO

Staff / Truthdig May 25, 2012 In the span of less than a week, Facebook's much-maligned initial public offering has led to billions in losses, multiple investigations and even lawsuits. The mess created from all this chaos, however, has led to some lessons about how Wall Street and big businesses play the system for their own economic advantages. Dig deeper ( 2 Min. Read )

Schumer ‘Appalled’ by Conservative Reaction to Tax-Dodger Bill

Staff / Truthdig May 24, 2012 Sen. Chuck Schumer is ripping conservatives for their response to legislation he co-sponsored that would punish those who renounce their citizenship to avoid paying taxes. The bill was introduced after Facebook co-founder Eduardo Saverin gave up his U.S. citizenship right before he was expected to earn billions from the company's much anticipated IPO. Dig deeper ( 2 Min. Read )

Facebook Sued by Investors Over IPO

Staff / Truthdig May 23, 2012 Facebook faced more bad news Wednesday in the wake of its botched initial public offering. Shareholders filed a lawsuit against the social networking company, lead underwriter Morgan Stanley and several other Wall Street banks, alleging that they misled them about Facebook's revenue projections ahead of the IPO. Dig deeper ( 1 Min. Read )

Facebook’s Fumbled IPO Under Scrutiny

Staff / Truthdig May 23, 2012 The fallout over Facebook's botched IPO continued on Tuesday with a lawsuit filed against NASDAQ over mishandled orders and word that regulators may investigate Morgan Stanley, which helped set the price of the stock, and other underwriting banks. Dig deeper ( 2 Min. Read )

Mark Zuckerberg Just Lost $2 Billion

Staff / Truthdig May 22, 2012 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. Dig deeper ( 1 Min. Read )

Facebook IPO Expected to Raise $16 Billion

Staff / Truthdig May 18, 2012 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. Dig deeper ( 2 Min. Read )