Freak Facebook, that freaking fraud. The insiders made the money and the mickeys lost $40 billion. From $100 billion it is down to a value of $60 billion. That means that someone, or group of insider trading someones, pocketed $40 billion, a fairly large amount of money even in these hyperinflated dollar days. You bet it is.
That is, $40 billion, about 10 times more than JP Morgan Chase has admitted losing on the derivative markets last week. When JPMC is finished, they also will probably lose $40 billion.
With the new $19 billion bailout of the Spanish bank of Bankia, the partly nationalized bank company, the crash is hitting Spain. The Euro is dead meat. Don't you wish you had listened to Lyndon LaRouche and larouchepac.com ?
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