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CNNW Erin Burnett OutFront May 22, 2012

good evening, everyone. i m erin burnett. outfront tonight, facebook face down. here are some of the headlines. the drudge report calls it fadebook. the wall street journal s headline tonight bankers under fire as facebook slips. bloomberg zuckerberg s fortune falls $2.2 billion as facebook drops. to put imi hype, at least not yet. but look at this. facebook s stock fell as low as $33 at one point today. that s down 11% in one day. the company has lost $40 billion in market capitalization since it opened. now that sounds like a lot of money. it is. i looked it up. here s the context nap amount of money is the equivalent of losing the entire companies of hewlett-packard and clorox in a day. poof, gone. the road doesn t end there. nasdaq s ceo says he s embarrassed by the technical glitches that delayed the stock s debut on friday. the glitches kept some traders in the dark for more than two hours. one man with a lot of advice for mark zuckerberg is steve kates, f ....

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CNNW Erin Burnett OutFront May 22, 2012

was it fair? let s go outfront. good evening, everyone. i m erin burnett. outfront tonight, facebook face down. here are some of the headlines. the drudge report calls it fadebook. the wall street journal s headline tonight bankers under fire as facebook slips. bloomberg zuckerberg s fortune falls $2.2 billion as facebook drops. to put it mildly, one of the most highly anticipated offerings in american market history hasn t lived up to the hype, at least not yet. but look at this. facebook s stock fell as low as $33 at one point today. that s down 11% in one day. the company has lost $40 billion in market capitalization since it opened. now that sounds like a lot of money. it is. i looked it up. here s the context nap amount of money is the equivalent of losing the entire companies of hewlett-packard and clorox in a day. poof, gone. the road doesn t end there. nasdaq s ceo says he s embarrassed by the technical glitches that delayed the stock s debut on frid ....

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CNNW Erin Burnett OutFront May 21, 2012

let s go out front. good evening, everyone. i m erin burnett. out front tonight, facebook face down. here are some of the headlines. drudge report calls it fadebook. the wall street journal s headline tonight bankers under fire as facebook slips. bloomberg zuckerberg s fortune falls $2.2 billion as facebook drops. to put it mildly, one of the most highly anticipated offerings in american market history hasn t lived up to the hype, at least not yet. but look at this. facebook s stock fell as low as $33 at one point today. that s down 11% in one day. the company has lost $40 billion in market capitalization since it opened. now that sounds like a lot of money. it is. i looked it up. here s the context nap amount of money is the equivalent of losing the entire companies of hewlett-packard and tlor rocclo day. poof, gone. nasdaq s ceo says he s embarrassed by the technical glitches that delayed the stock s debut on friday. the glitches kept some traders in the d ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120428:02:24:00

That takes capital gains tax from 15% to 30%, but automatically, you will have a raise in the capital gains tax. ure have dividend taxes going up. you have the death tax. the exemption, the minimal exemption will drop from $5 million to $1 million and the rate gallon from 35 to 55%. we have the highest corporate business tax in the world. so this is what the cbo said a week ago, the fiscal year 2013, obama budget plan for 10 yearsville an adverse effect on the economy. it will be a destructive nature upon our economy. greta: but there is another aspect of it. look, i suspect, if i am so bold to spiel for the speak for the american people, they are feeling gamed by the tax code. it s incomprehensible. there are 3300 earmarks in the tax code, things that are put in the tax code because of special interest. if you look at the wealthy people in the country, what they ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120428:05:24:00

That takes capital gains tax from 15% to 30%, but automatically, you will have a raise in the capital gains tax. ure have dividend taxes going up. you have the death tax. the exemption, the minimal exemption will drop from $5 million to $1 million and the rate gallon from 35 to 55%. we have the highest corporate business tax in the world. so this is what the cbo said a week ago, the fiscal year 2013, obama budget plan for 10 yearsville an adverse effect on the economy. it will be a destructive nature upon our economy. greta: but there is another aspect of it. look, i suspect, if i am so bold to spiel for the speak for the american people, they are feeling gamed by the tax code. it s incomprehensible. there are 3300 earmarks in the tax code, things that are put in the tax code because of special interest. if you look at the wealthy people in the country, what they ....

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