Papantonio: Banker Pigs At The Facebook Trough

[GoLeft TV]

Mike Papantonio appears on Viewpoint on Current TV (with guest host John Fugelsang) to discuss the lawsuits that have erupted over the fraud that led mom and pop investors to lose millions in the Facebook IPO, while bankers managed to walk away with $100 million.

<iframe width="480" height="360" src="

" frameborder="0" allowfullscreen></iframe>

[HopeHoops]

1. It wasn't a Facebook IPO - it was a face-fuck.

Who needed the insider information? It was beyond obvious what was going to happen. The banks will come on on head because they bet against it. The suckers who bought into the IPO price were going to get screwed and the banks win again.

[Plucketeer]

2. How MANY

fuckings is this country gonna stand for before it moves to action???

[zeemike]

3. I t reminds me of that old scam of let's you and me put our money in a bag...

And the suckers are left holding a bag full of worthless paper.

[miamipilot]

4. The Crowd-funding Revolution and the Reinvention of Capitalism

“Locally owned, small businesses constitute about one half of the private US economy in terms of output and jobs but they receive almost no investment from the nation’s pension funds or from mutual, hedge, venture, or any other kind of investment funds.”

Crowd-funding applies the power of social networking to create a capital-raising alternative that is proving increasingly effective because it allows unlimited numbers of small “investors” to kick in sums as meager as $5 to $10. The only problem is, under US law, these alternatives are be currently illegal but are soon to become legal under the the Obama JOBS act that was just passed.

Go to the link below and learn about “equity-based Crowdfunding” and learn how it will play a huge role in the “New Economy” in an effort to further dismantle our current version of crony-capitalism:

&feature=player_detailpage