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Who Did What – And When

The Facebook IPO as a cultural event was bizarro, especially if you suffered with a vicious hangover after the .com boom. But the allegations of selective disclosure of material information about the company’s business prospects to preferred investors in advance of the IPO? That’s a different story entirely. We’ve put together a timeline of the events relevant to these new allegations.

It could turn out that the selective disclosure investigations may provide us, as if we needed it (see, e.g., JP Morgan), with another window into the systemic corruption of Wall Street. In that sense, these allegations may reveal less about Facebook, Inc., than about a financial system that survived its own self-inflicted near-death experience in 2008 with its venality intact.

David Kurtz
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Thanks, Ken Bennett

Arizona Secretary of State Ken Bennett last night finally called an end to his ill-advised investigation into the undisputed facts of President Obama’s birth.

Hawaii was even kind enough to furnish him with a souvenir of the week that was.

Paul Werdel

Carney to Reporters: BS

Press Secretary Jay Carney berates “BS” reporting of Obama ‘spending spree’, reporting based on “sloth and laziness.”

Josh Marshall
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BRAAAINS

Birtherism. The undead dream that just won’t go away.

Paul Werdel

Birther No More

Arizona Secretary of State Ken Bennett backs off his birther quest: “If I embarrassed the state, I apologize but that certainly wasn’t my intent.”

Bennett also said that Obama will “be on the ballot as long as he fills out the same paperwork and does the same things that everybody else has.”

Nick Martin has the latest.

David Kurtz

Bold Talk

The White House says that another debt limit showdown will be political suicidefor Republicans.

Josh Marshall

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