The sometimes incredible Saga of News appears to continue without Respite. Missouri Republican Senate Nominee Todd Akin got himself in hot Water by suggesting that “Legitimate Rape” rarely led to Pregnancy. He further insisted that Doctors backed up his Position.
(Slightly less offensive was the Revelation that Freshman U.S. Representative Kevin Yoder (R. - Kansas, 36), has not been charged in the August 18, 2011, Incident in which he and about 20 other Lawmakers and Staff Members jumped into the Sea of Galilee after having consumed unreported Quantities of Alcohol...Politico reported Sunday that he was the only one among them who wore no Clothes).
Juxtaposed with these bizarre Incidents is another News Item: Facebook Stock appears to have hit a New Low of $ 18,75 on Monday Morning (20 August 2012). Criticism has been mounting on Mark Zuckerberg's ,,Leadership.''
(Slightly less offensive was the Revelation that Freshman U.S. Representative Kevin Yoder (R. - Kansas, 36), has not been charged in the August 18, 2011, Incident in which he and about 20 other Lawmakers and Staff Members jumped into the Sea of Galilee after having consumed unreported Quantities of Alcohol...Politico reported Sunday that he was the only one among them who wore no Clothes).
Juxtaposed with these bizarre Incidents is another News Item: Facebook Stock appears to have hit a New Low of $ 18,75 on Monday Morning (20 August 2012). Criticism has been mounting on Mark Zuckerberg's ,,Leadership.''
In View of the Incidents happening on Wall Street and the Financial Circles surrounding it, an appropriate Question may be to what Degree the Facebook Initial Stock Offering constituted some Sort of ,,Legitimate Rape'' also. Enormous Publicity surrounded the Stock Offering along with Suggestions that nobody outside of the ,,Big Boys'' would be able to get the Stock at the Initial Offering Price of $ 38,00; the Implication was that it would be much more; nobody was implying that those outside of the ,,Big Boys'' Circle would be able to get the Stock at $ 38 because a few short Weeks later it could be had for $ 18 or, perhaps, going forward, even less.
Some Banks and Secondary Underwriters not to mention lesser Investors and the General Public were had for Billions. In the Meantime, Mr. Zuckerberg and his Confederates walked away with, again, Billions. The Question is, does this Type of activity not constitute some Form of ,,Legitimate Rape'' in the Financial Sense; at a Time when the Country and World Economies are languishing.
Private Lawsuits for Damages are flying in the Facebook Debacle. However, considering a more prudent Approach, of seeking to determine whether the Actions of Mr. Zuckerberg and those who engineered the Facebook Initial Stock Offering breached the Borders of Legitimacy and caused an unnecessary and inappropriate Migration of Funds in the Depths of a Financial Crisis which currently engulfs both the United States and the World Economies, might be in Order.
