i m erin burnett. outfront tonight, dive bombing the carcass. it s just an image that makes me think of the field growing up, dead deer, entrails everywhere, buzzards coming in with their ugly little red bobbles. that s what it looks like for facebook. at least three lawsuits filed in connection to the facebook ipo. plus investigations by the securities and exchange commission and the massachusetts secretary of the commonwealth. of course, public embarrassment. headlines like these on the front pages. the best one today went to cnn money. bumpy start just got a little worse. inside facebook s fumble was from the wall street journal and the washington post called it a debacle. here s where the stock closed today, at $32 a share. down $10 from where it opened on ipo morning at $42. that means it s lost a quarter of its value since it opened. that is pretty stunning. and you say how? how could one of the most anticipated offerings in american history, and the biggest in te
captions by vitac www.vitac.com i m erin burnett. vultures dive bombing the carcass. just an image. makes me think of the field growing up, dead deer, entrails everywhere, that s what it looks like for facebook. at least three lawsuits filed in connection to the ipo. and plus investigations by the securities and exchange commission and the massachusetts secretary of the commonwealth and of course headlines like these on the front pages. the best went to cnn money. oh, zuck. inside facebook s fumble and the washington post called it a debacle. here s where the stock closed today, at $32 a share. down $10 from where it opened on ipo morning at $42. that means it s lost a quarter of the value since it opened. that s pretty stunning. you say how? how could one of the most anticipated offerings in american history, when i say anticipated in history and the biggest in terms of size in this country s history, one that was supposed to invigorate and make the stock market a pl
sputter. our first extended glimpse of how mitt romney plans to respond to president obama s bain capital? turn the tables. i would like to also focus on his roar. what has he done as the president of the united states over the past four years? has he established the revitalization he promised to bring? did he hold unemployment over 8%? it has been 39 months. that hasn t happened. in that interview with time, go have romney says his years with bain taught him a lot about why companies succeed and fail. in each of his answers to four questions, he also took time to critique the president s economic credentials. this is a president who spends his time blaming other people for the fact that he has been unsuccessful in turning around this economy. i think the reason you are seeing across the country, people saying they would like to try someone new, because they believe this president, while he may be a nice guy, is simply not up to the task of helping guide an economy.
i m erin burnett. outfront tonight, dive bombing the carcass. it s just an image that makes me think of the field growing up, dead deer, entrails everywhere, buzzards coming in with their ugly little red bobbles. that s what it looks like for facebook. at least three lawsuits filed in connection to the facebook ipo. plus investigations by the securities and exchange commission and the massachusetts secretary of the commonwealth. of course, public embarrassment. headlines like these on the front pages. the best one today went to cnn money. bumpy start just got a little worse. inside facebook s fumble was from the wall street journal and the washington post called it a debacle. here s where the stock closed today, at $32 a share. down $10 from where it opened on ipo morning at $42. that means it s lost a quarter of its value since it opened. that is pretty stunning. and you say how? how could one of the most anticipated offerings in american history, and the biggest in te