entire game is a casino rigged for the house with a sucker played by the average investor. that s the controversy surrounding a name we all know. morgan stanley which served as facebook s lead underwriter and now investigators reportedly want to know exactly what happened. alison kosik is at the new york stock exchange. can you explain it to us? follow this with me, carol. one of the big issues here is who knew what? a week before the ipo of facebook meaning when facebook went public with its shares, it went ahead and revised its documents with the s.e.c. and that s normal. companies usually update their information several times as it leads up to the big day. now what facebook did is they told the s.e.c. that the company may struggle to make money off of its mobile devices and what analysts do is they take that information and they issue guidance to their investors and what their assessment of the company is. what morgan stanley, the chief underwriter of this ipo did, was
away the southern vote from president obama. the president this morning struggling and refocusing. security scramble. new information this morning on that u.s. airways plane diverted. you would be surprised how often f-16s are sent up to follow passenger planes. nancy reagan now 90 resting after breaking a number of ribs in a fall. the former first lady recovering. newsroom begins right now. good morning. i m carol costello. high profile investors may have got an insider view of facebook s future before the social network s stock went public. if you didn t have big bucks, you were probably left in the dark. if that is true, it reinforces some of the worst stereotypes about wall street as time magazine put it, it means the entire game is a casino rigged for the house with a sucker played by the average investor. that s the controversy surrounding a name we all know. morgan stanley which served as facebook s lead underwriter and now investigators reportedly want to kn
disappointed that no one else came out to break up that fight. we re going to hear his comments, and those of a new eyewitness, just moments from now. and a florida couple who were thrust into the trayvon case by accident say they accept spike lee s apology. as you may have heard by now, the film maker retweeted what he thought was george zimmerman s address. turns out, it belongs to elaine and david mclean, who have a son named zimmerman, whose middle name is george. but rather than explain all of that to everybody who showed up on the doorstep or sent hate mail, they just moved out. spike lee will now be covering all their expenses. investigators are looking into a jetblue captain s meltdown during this flight where we talked about witnesses saying the erratic behavior of that captain, clayton osbon, forced the co-pilot to lock him out of the cockpit and divert that flight for an emergency landing. officials now have the voice and flight data recorders. the national tra
and it s game on. president obama is raising money in chicago to raise more campaign cash. vice president biden, he is in fighting mode and in a speech to auto workers yesterday blasted republicans who opposed the industry bailout. he made the tough call and president obama was right and they are dead wrong. afghan president hamid karzai says he is not buying the u.s. military s version of the shooting spree in which 16 afghan civilians were killed. president karzai met with family members and elders from the village where an american soldier was blamed for going house to house in a deadly rampage. we re going to go live to kabul. sara sidner is joining us. president karzai says he doesn t believe what he u.s. military and u.s. officials are saying about this. what is he saying? . they said that they could not possibly say this is one soldier on his own and he went from house to house. he tied up some of the people that he ended up burning some of the people in their o
military s explanation of what happened. and north korea set to launch a satellite next month that is going to mark the 100th birthday. there have been missile tests in disguise. the state department is calling the news highly provocative. and it s game on. president obama is raising money in chicago to raise more campaign cash. vice president biden, he is in fighting mode and in a speech to auto workers yesterday blasted republicans who opposed the industry bailout. he made the tough call and president obama was right and they are dead wrong. afghan president hamid karzai says he is not buying the u.s. military s version of the shooting spree in which 16 afghan civilians were killed. president karzai met with family members and elders from the village where an american soldier was blamed for going house to house in a deadly rampage. we re going to go live to kabul. sara sidner is joining us. president karzai says he doesn t believe what he u.s. military and u.s. offi