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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 ....
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 marke ....
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 ....
Community watch to do it. and the reality here that that was at play as well. and frankly seems to have precipitated this horrible chain of events. and i want to bring joy-ann back in because you have spent so much time there in sanford. and i m wondering about that idea. and i know you ve talked to so many people. how do they feel about what happened here in the context of racial profiling, in the case of assumptions about people who are in neighborhoods? well, chris, that s a great question because the whole idea of assumptions about people i think is at the core of this case. and when i ve talked to white sanford residents a lot of the reaction i ve gotten is, you know, we didn t really know what our black neighbors were talking about or dealing with when it came to police and their attitudes and their relationship with police here. and when you talk to black sanford residents, what they re saying is finally someone s paying attention to reality, that they say they ve been going ....