Detailed text transcripts for TV channel - KGO - 20120912:10:08:00

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everybody keeping an eye on it. let's talk about facebook ceo mark zuckerberg. investors seemed to like what he had to say. stock was up, $19.43, up 3.4% a far cry from the $38 initial public offering in may. but speaking at a tech conference in san francisco, zuckerberg appeared optimistic. >> the performance of the stock has obviously been disappointing, right? and we care about our shareholders, and the commitment that we made is that we're going to execute this mission of making the world more open and connected, and we're going to do the things that we think are going to build value over the long term. >> zuckerberg had pledged not to sell any facebook shares for at least another year. he said he is focusing on mobile usage and advertising. >> i think he can afford not to sell the shares. >> what about the t-shirt? yes? no? >> that's the style. a former banker who helped a colleague hide money from the irs is more than $100,000 million richer thanks to the federal government.

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