So Facebook goes public. Its a fairly new business model. It was also heavily hyped, and it just so happens that the stock has been dropping pretty hard ever since it hit the market.
Why is the government sticking their nose in it? BECAUSE THEY CAN!
Frankly this stock is so new its likely mostly day trading fluctuations. Those investments are gambling, and really have nothing to do with the company value. Once people get used to the stock and the buzz settles down the volatility will too.
Hey but let’s get the semi-literate drunks in the Legislature in on this, because you know they’re some of the few people who could fuck-up a steel ball, so let’s see what a mess they make!