Facebook IPO corruption is emblematic of our corrupted financial system
Here's an explanation of Facebook's IPO and how the stock market works in general:
1st -- corrupt bankers picked to sell the stock.
2nd -- corrupt bankers fill media with sales/corporate propaganda.(from Democratic Underground)
3rd -- corrupt bankers make IPO unavailable to anyone but the rich.
4th -- corrupted market claims "technical difficulties" for first 2 hours stock is traded.
5th -- corrupt banks dump stock leaving customers/investors with huge losses.
6th -- corrupt banks spread propaganda supposedly explaining what happened.
7th -- corrupt financial professionals/economists/writers all invent more lies fitting their corrupt paradigm.
8th -- corrupt politicians feign concern, collect more campaign money.
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