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Transcripts For CNNW Erin Burnett OutFront 20120524

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

Transcripts For CNNW Erin Burnett OutFront 20120523

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

Transcripts For CNNW CNN Newsroom 20120522

mattresses. some senators agree. they re ought to be a law. our current toxics law allows too many untested chemicals on the market. why should parents who would be left to wonder if the chemicals used in their baby s bottles, pacifiers, cribs are safe? the status quo is dangerous and unacceptable. cnn s dana bash joins me now with, dare i say, this rolling coverage. so what are these moms hoping to accomplish? reporter: what they want is basically information, and the backstory, the background, i should tell you, something that certainly i didn t realize as a new mom and many others might not is that chemicals simply are not regulated, and we don t know a lot about the chemicals that are out there. as you mention in everything. at this press conference these lawmakers and activists made clear that there are 80,000 known chemicals, martin. only 200 have been tested and only 4 have been taken off the market. i want to bring in a couple of the moms who came here from far

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