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The much-ballyhooed Facebook IPO—how surprised should we be now to hear charges that the whole thing was pretty much an insider trading scam from the get-go? As we learn here:

Morgan Stanley, Goldman Sachs Group Inc., JP Morgan Chase & Co. and other underwriters along with Facebook Inc. were sued by investors who claimed they were misled in the purchase of the social network firm’s stock.

The plaintiffs, who are seeking to proceed on behalf of a class of Facebook investors, said the company and the banks didn’t disclose lower revenue estimates before the share sale. The members of the proposed class have lost more than $2.5 billion since the initial public offering last week, according to a complaint filed today in Manhattan federal court.

But while small investors lost upwards of $2.5 billion, by contrast, Facebook co-founder Mark Zuckerberg pocketed $1.1 billion from the IPO, as reported here , while Goldman Sachs didn’t fare too badly either, profiting to the tune of $235 million. Facebook went public at $38 a share, but sadly the IPO was plagued by trading errors and a 16 percent drop in the share price, and the small, so-called “retail” investors, aren’t too happy.

“The true facts at the time of the IPO were that Facebook was then experiencing a severe and pronounced reduction in revenue growth,” the plaintiffs said in the complaint.

This growth is declining because the majority of Facebook’s newer users log on through mobile devices. This is a problem because mobile applications don’t display the advertisements, and 85 percent of Facebook’s revenue reportedly comes from advertising. According to the complaint, in the hype and hoopla leading up to the IPO, the banks named in the lawsuit reduced their estimates of Facebook’s earning prospects for the year 2012, but failed to inform potential investors.

“The underwriters took down their earnings estimates dramatically during the road show and only told a select group of investors,” said Samuel Rudman, a lawyer for the plaintiffs.

Rudman made those comments on Wednesday, May 23. Now, however, comes a report that not only did the banks fail to share what should have been public information, but that Goldman and JP Morgan may have actually been making bets behind the scenes that the share prices would drop. “While both banks helped manage the IPO, they also reportedly helped hedge funds bet that the new stock would fall through a process known as shorting,” we read here. “Investors who shorted Facebook made millions as the company’s value dropped 11 percent on Monday and a further 9 percent on Tuesday before rebounding.”

So the bottom line is that the small investors suffered heavy losses on the IPO—while the inside traders made out like, well, bandits. After all we’ve heard over the past several years about criminality on Wall Street, why is it there are still gullible Americans who get suckered into pouring their hard-earned money into this “market,” an institution that today has become little more than legalized thievery (assuming it ever was anything but that). Speculation now has it that the Facebook IPO “will push more individual investors out of a stock market they already distrust after the financial crisis,” but if the marks haven’t learned by now that Wall Street is a massive Ponzi scheme, you have to wonder if they ever will. Click here to watch a cartoon animation on the Facebook IPO that someone uploaded to YouTube. “Insiders found no shortage of investors to fleece,” the video says at one point.

The question arises, of course, as to how much of a role Jewish identity and tribal loyalty play in all of this. We should keep in mind that according to the Talmud it is quite permissible for Jews to cheat or steal from Gentiles—as in Sanhedrin 57a, where it states: “When a Jew murders a gentile (Cuthean), there will be no death penalty. What a Jew steals from a gentile he may keep.” One of Israel’s chief objectives right now is regime change in Syria. Think about that as you watch the following report on “Facebook terrorism” and the role it is playing in the deadly events now playing out in Syria. The whole report is quite fascinating, but I would call your attention especially to comments at approximately 3:40 into the video: “While Facebook’s administration has previously blocked pages that openly support Bashar Assad, it has so far failed to do anything to stop the calls for the killing of his supporters.”

Now consider a report here that Goldman Sachs, following last week’s Facebook IPO, is now “ramping up investments in Web startups,” including a firm called AnchorFree. As the report states, the company “provides a so-called proxy service, which lets users connect to the Internet via remote servers so that they can’t be tracked and so residents of countries like China and Iran can skirt censors enforced by governments.” AnchorFree CEO David Gorodyansky has high praise for Goldman Sachs, calling them “very savvy product people,” and says the cash infusion will enable his company to buy servers and hire engineers to help with its push into mobile Web browsing.

So let’s see…Facebook is blocking pro-Assad pages, but allows pages that openly call for the killing of Syrians who support their government…while in the meantime, we find Goldman investing heavily in a company whose services will ultimately benefit USAID-funded dissidents in Iran. Yes, it does sound a bit like Jewish tribal loyalty.

Or perhaps we might refer to it simply as “Zuckerstein.”










22 Responses to Zuckerstein

  1. Ariadna Theokopoulos May 26, 2012 at 3:40 am #

    “After all we’ve heard over the past several years about criminality on Wall Street, why is it there are still gullible Americans who get suckered into pouring their hard-earned money into this “market,” an institution that today has become little more than legalized thievery (assuming it ever was anything but that).”

    Excellent question.

  2. Ariadna Theokopoulos May 26, 2012 at 3:47 am #

    “how much of a role Jewish identity and tribal loyalty play in all of this”

    Just because they happen to be all Jews who happened to know how the stock was doing but forgot to inform the unwashed investors about it and they happened to shorten the stock, which coincidentally led to a windfall for them but was not as lucky for the uninitiated, and because the social network promotes zionist interests in the ME?
    Neah, you are taking a bunch of coincidences and drawing unwarranted conclusions about Jewish identity group behavior.

  3. who_me May 26, 2012 at 4:16 am #

    anchorfree is an israeli, or israeli connected outfit that is essentially a trojan, or covert program, that let’s israelis monitor peoples web activity on the sly, while pretending to be some sort of security bypass.

    thanks for the info connecting this covert intelligence outfit with goldman sachs. i knew of anchorfree being an israeli intelligence tool, but not their connections to the jewish zionist banksters.

    • Ariadna Theokopoulos May 26, 2012 at 4:46 am #

      Next you are going to say that David Gorodiansky is Jewish

      • who_me May 26, 2012 at 5:00 am #

        “Next you are going to say that David Gorodiansky is Jewish”

        with sky on the end of his surname, he might as well be… ;D

  4. searching May 26, 2012 at 4:50 am #

    they desperately want to do in Syria what they have done recently in Libya.
    The info about Facebook favourism should be spread everywhere because it shows clearly WHO stands behind it, and WHAT is the purpouse all of it.
    After Syria the road to attack on Iran will be wide open. Those demonical powers won’t stop.
    They won’t. They invested too much of their precious time , money and connections to back off.
    Will people be able to wake up from their zombie like sleep and act, or they still will prefer drink beer, watch cheap and sleazy entertainment while the enemy is knocking at their door??

    • Ariadna Theokopoulos May 26, 2012 at 5:05 am #

      No, I think most people are too worried about having lost/being about to lose their jobs and struggling very hard from day to day.
      As my favorite commentator says:

      • searching May 26, 2012 at 5:19 am #

        yea, but in the meantime they still find time to watch ophra, x files, ameiarican idol, mtv, lady gaga and some other “brainless ‘entertainment”.
        Being and staying ignorant requires no effort.

    • who_me May 26, 2012 at 5:13 am #

      “or they still will prefer drink beer, watch cheap and sleazy entertainment while the enemy is knocking at their door??”

      throw in some women with loose morals who don’t mind the company of ugly old men and i think i might join that crowd. ;D

  5. Ariadna Theokopoulos May 26, 2012 at 4:50 am #

    Transferring the Right of Return needs to be on Facebook… What’s his name, the Brazilian Jewish partner who sold his share of Facebook and moved to Malaysia or some place to avoid paying US taxes on his profit– he isn’t going to need his right of return. He needs to sign the Transfer.

    • searching May 26, 2012 at 5:02 am #

      why not??
      When they chase him out of Malaysia for cheating some naive goyim there ,he may need to have a country that will welcome him with open arms.
      Why would he give up that option??

      • Ariadna Theokopoulos May 26, 2012 at 5:14 am #

        He was not chased out of here. He didn’t want to part with any money to pay taxes so he renounced his US citizenship.

        • searching May 26, 2012 at 5:23 am #

          I guess he decided it was time for him to move on. To travel more.
          Or maybe he knows something about the US that we don’t.

  6. who_me May 26, 2012 at 5:04 am #

    for a smile:

    “Just five years ago, AnchorFree was a fledgling online security and privacy start-up in Silicon Valley, started by two Hebrew school pals who already had a previous high tech venture and an IPO under their belts.”

    • Ariadna Theokopoulos May 26, 2012 at 5:11 am #

      I love these stories. Hollywood was started like that too: a poor nice Jewish boy or another who came from Odessa “with $2 in his pocket” and started a studio in his garage.

      • who_me May 26, 2012 at 5:15 am #

        i know, so spielbergish. 🙂

    • who_me May 26, 2012 at 5:41 am #

      this interesting:

      one of the mondoweiss regular (ahem) antizionist comment writers doing a hard sell job for anchorfree in 2010. this is a good example how israeli intelligence services use comment writers to surreptitiously post entrapments to entice people to use their covert intelligence sites.

  7. who_me May 26, 2012 at 5:25 am #

    btw, i wouldn’t be surprised if goldman sachs was connected to this:

    through their ties with the jewish mafia. or this:

    i’m not sure if this is the same case, but eventually something like 40 rabbis and politicians/government officials got busted in an investigation of human organ trafficking on the u.s. east coast.

  8. Cosmo May 26, 2012 at 2:09 pm #

    Pretty much every single person I talked to about the subject before Facebook IPO, and I am talking about the average individual not banks said the same thing.
    They all agreed Facebook is not worth anyway near what it is valued at. It can’t really produce that kind of revenues and it can all collapse the second the next big thing comes along and people start leaving Facebook just like they did to Myspace when Facebook came along. No one said he believes in the Facebook stock and going to keep it for the long run. They all said there will be a hysteria in the beginning, they will ride it out and then get rid of the stock.
    Some people might have acted illegally and withheld information according to the law, but the bottom line is not that people didn’t know that the facebook stock wasn’t worth that kind of money is that people did know and that is part of the reason why it dropped.

  9. Ariadna Theokopoulos May 27, 2012 at 4:14 am #

    I highly recommend the Stripped to the Teeth video (under Max Keiser tweets) to anyone who might have missed it.

  10. Deadbeat May 27, 2012 at 7:24 am #

    Facebook and Twitter are crap and both are totally unnecessary. Why don’t people learn to run their own blogs or set up their own chat rooms instead of using these corporate services that are designed to gather people’s personal info for free and resell it. Facebook was overvalued and overhyped. And now we find out is being used to advance the Zionist agenda.

    • Ariadna Theokopoulos May 27, 2012 at 2:55 pm #

      Do you have a blog?