Things in Egypt took a turn for the worse with Mubarak men getting in the fray
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While Chicago is buried in the snow
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and in NYC, Mike – I lost 80 million city money Bloomberg wants savings from workers’ pensions (NY Post cheers!)
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but not to worry! he got fellow billionaire Zuckenberg to to the NYC website!
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2 comments
February 6, 2011 at 1:26 am
Observer
Hmmmmm………. Interesting that date would be when the 2012 primaries have basically already wrapped up……
“SEC rule likely to trigger Facebook IPO in 2012″
“SAN FRANCISCO – …..Facebook will be legally required to begin sharing more information about its finances and strategy by April 2012, according to documents distributed to prospective shareholders……..
The owner of the world’s largest Internet social network, privately held since it started in a Harvard University dorm room SEVEN YEARS AGO, will be forced to open its books because it expects to have more than 500 shareholders at some point this year, according to a person who has reviewed the documents handed out Thursday. The person asked not to be identified because the documents are only being given to an elite group selected to buy a stake in Facebook through a fund packaged by the company’s newest investor, Goldman Sachs Group Inc….”
GOLDEN SACKS AGAIN???? Zuckerman has gone on the recorde repeatedly at least since 2008 basically saying he doesn’t care about profits…..what does he care about? Electing and Re-Electing Obama?
Didn’t Facebook shut down lots of the Hillary fan pages on Facebook in the 2008 primaries by Facebook? I remember those reports.
http://news.yahoo.com/s/ap/20110107/ap_on_re_us/us_facebook_investors
February 6, 2011 at 2:06 am
Observer
Uh Oh. Is FaceBook just a Fifth Column of the Democrat Party? From last month’s Wall Street Journal… ” Asked in a “60 Minutes” interview last month (DEC. 2010) whether Facebook would ever have an IPO, CEO Mark Zuckerberg answered, “maybe.” Assuming regulators don’t force the issue, Facebook could settle in as a permanent IPO holdout.
Two of the primary motivations for a young company to go public–cashing out early investors and tapping money to expand– seem to be mostly absent for Facebook. Thanks to emerging private exchanges, Facebook shareholders can cash out when they want to, albeit with limits. And because of an eager queue of investors, Facebook has ready access to money it needs to add engineers, buy other companies or roll out new services….
Facebook is raising $500 million in fresh cash from Goldman Sachs Group and Russian tech investor Digital Sky Technologies….
http://blogs.wsj.com/deals/2011/01/03/facebook-ipo-could-zuckerberg-be-a-permanent-holdout/