bill: tough week for facebook. stock is down $4 today. they lost two top executives as prosecutors look into a criminal investigation into data deals and widespread outage of access. tough week. david asman is here to line it up. sandra: tough week for a lot of users. people went into shock when facebook was down. a slight correction. down 4% right now. it has taken it on the chin. it is more than $8. the point is they have become the target of choice for prosecutors all around the world. all of this bad press they ve been getting for releasing private data is beginning to back up. the east district of new york is serious. it is a criminal investigation that deals with other companies
that they gave data to in apparently and possibly and allegedly. i have put that in there. nothing has been proven. without the consent of the users, your information going to other people for which they get money. it s a criminal prosecution. other prosecutions have been different in terms of criminality. they ve been more corporate. these are targeted at particular individuals. northern california has a prosecution going on about cambridge analytica. remember that thing where they claimed we didn t know what they were doing. well, this is trying to figure out whether they knew more than they re willing to tell. overseas there are these prosecutions and then the company itself had two defections, two people quit, very important people. one of the guys who was the head of product development at facebook, very important guy. the other guy was the head of whatsapp, one of the most both of them were very integral to the workings of it and they had a big server outage and liz
warren ad. a terrible week. other companies that have been pioneers like this company, for example, microsoft went through a period where they were scrutinized with the same kind of intent and they ve come out of it and doing quite well. this is a bad period because they are the company that the world loves to hate right now. sandra: companies go through bad periods and they can come out of it and they don t. new york times said facebook s bad week. what is the thinking on wall street about facebook? i think despite today s downward trend, it has come back from where it tanked a couple of months ago. it was down about 138. now it s back up to 170. it has come back. i think wall street thinks in the long run facebook will make it. they re so involved in everybody s life that you just can t afford them. bill: over the entire globe. that s right. bill: have a great weekend.
attached to a car which did not go off. they were later diffused. police were able to detain four suspects fairly soon after the attack itself. one man is of particular interest. said to be in his late 20s, an australian man. he has already been charged formally with murder. two other suspects are still in custody. authorities haven t named this key suspect but the australian man being linked to the attack has also promoted an anti-immigration manifesto online as well as a graphic video of this attack which was also posted. facebook immediately tried to remove that. it has been circulating on social media ever since. at least 20 people were injured as well as those 49 killed. they were rushed to hospitals for emergency treatment and police cordoned off the area. the city in darkness, it is nighttime in new zealand. many people staying indoors as the city remains on lockdown. the shootings have met with
suze orman live. how much should we be investing? should we buy a house in this economy? i can t wait to hear your advice. plus facebook goes to wall street. the $5 billion success story. this is piers morgan tonight. good evening. this is a special live edition of piers morgan tonight. i want to welcome my studio audience and my guest suze orman. who better than suze orman to talk dollars and common sense on america s economy. president obama had his say. lenders must be held accountable for ending the practices. all of us have to take responsibility for our actions. comments from mitt romney on cnn saying he is not concerned with the poor but focused on middle-class americans. i m in this race because i care about americans. i m not concerned about the very poor. we have a safety net there. if it needs repair i ll fix it. you are the number one person with finance. welcome. let s start with mitt romney. that was an extraordinary comment for somebody to