york times is reporting it s at least $3 billion because of the hedging revealed last week. facebook a big public offering coming up. we have the price how is it going to go? it will price initially tonight. facebook increased the price range between 23 and $38 as share. that would raise $104 billion that s what they would value the company as raising 16 billion in the ipo. that would make it the third biggest ipo in the u.s. essentially behind vista and general motors. this is a big one. meanwhile sketchers had these tones shoes but they were accused of hyping up the toning benefit too much. did you really believe they would make you lose weight? after all the federal trade commission and several states say that sketchers made false and misleading statements. they are agree to go fork over 15 million to settle the claims