zuckerberg rang the bell and it is really the story of mark zuckerberg, the kid who invented this in his dorm room has come full circle. it is a great american story especially given the troubles in the economy for the last few years. it s wonderful to see this. company was a coding project in a dorm room eight years ago used by one-eighth of the population and an extraordinary business, as well. a lot of people have some people have said some unkind things about mark zuckerberg in the years since facebook s creation. you make a great point which is to say mark zuckerberg has been great manager and learned lessons, as well. the team zuckerberg has built facebook is pound for pound one of the two strongest management teams in the industry with the other being apple. this did not happen by accident. mark worked his way through it position by position. as a college kid, he did plenty of stupid things. facebook made plenty of mistakes but mark from the time he was 20, was
facebook is pound for pound one of the two strongest management teams in the industry with the other being apple. this did not happen by accident. mark worked his way through it position by position. as a college kid, he did plenty of stupid things. facebook made plenty of mistakes but mark from the time he was 20, was told you want to run this company, you need ceo lessons. he assembled a group of advisers including steve jobs, warren buffett. he s become a great leader. ben, i want to bring you into this because you are the grand lion of an internet property and we re talking about i am? as it henry, of course. we re talking about the new economy and facebook s ipo could be the second largest in history behind only visa. facebook s ipo 16 billion. google at 1.7 billion. a lot of people have said yeah, yeah, but this is a castle built on sand. what s the real value of the company here? people who work in our industry feel that it is not a castle built on sand. i
economy of the future where the only people who do well are the investors and everybody else pays the price. plus, shut out. eleanor holmes norton speaks about being blocked from the house hearing on restricting abortions in her own district. and death of a disco queen. five-time grammy winner donna summer dies after a long battle with cancer. i love music good day. i m andrea mitchell live in washington. in a political bombshell the new york times broke the news that a republican super pac was considering a $10 million willy horton style ad campaign linking president obama to jafr maya wright. the proposal called the defeat of barack hussein obama, the plan to end his spending for good. but moments ago the super pac released a statement on behalf of the funder joe rikts,
economy of the future where the only people who do well are the investors and everybody else pays the price. plus, shut out. eleanor holmes norton speaks about being blocked from the house hearing on restricting abortions in her own district. and death of a disco queen. five-time grammy winner donna summer dies after a long battle with cancer. i love music good day. i m andrea mitchell live in washington. in a political bombshell the new york times broke the news that a republican super pac was considering a $10 million willy horton style ad campaign linking president obama to jafr maya wright. the proposal called the defeat of barack hussein obama, the plan to end his spending for good. but moments ago the super pac released a statement on behalf of the funder joe rikts, rejecting the approach and saying it s all a big mistake. the proposal was just, quote, a suggestion for a direction to take. mitt romney has also now repudiated it. this is a trial balloon? this is
considering a $10 million willy horton style ad campaign linking president obama to jafr maya wright. the proposal called the defeat of barack hussein obama, the plan to end his spending for good. but moments ago the super pac released a statement on behalf of the funder joe rikts, rejecting the approach and saying it s all a big mistake. the proposal was just, quote, a suggestion for a direction to take. mitt romney has also now repudiated it. this is a trial balloon? this is not just some side show, this came from fred davis, well known, did the big celebrity ad against barack obama for john mccain s campaign. the firm had spent a lot of money, the proposal included a tv ad, print ad, so now we re told never mind? well, i think what this was, andrea, was something that was not meant if fred davis and excuse me, joe rick ets had their way would have seen the light of day and not in the new york times. now these things work in mysterious ways. the times was out front, chr