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Facebook IPO: Six key dates in its debacle

Facebook's first week as a publicly traded company will go down as a terribly botched corporate launch, perhaps one of the worst in recent history for such a highly visible entity. Eight days ago, it was the tech world's most highly anticipated initial public offering in eight years. Now, the social media company faces mounting legal woes and serves as an embarrassing example of how not to run an IPO. Despite rising insider pessimism about its growth prospects, Facebook kept boosting its asking price and the number of shares it would sell. The result: billions of dollars in losses; investigations by two congressional committees, the Securities and Exchange Commission (SEC), an industry watchdog, and the state of Massachusetts; at least 13 class-action lawsuits; and thousands of resentful shareholders who days later still were unsure how many Facebook shares they had or at what price. Here are six key dates in Facebook's unfolding IPO disaster.
John Cheever: 10 quotes on his birthday

On what would be his 100th birthday, here are 10 memorable quotes from John Cheever.
Fenway Park: 5 new books about the beloved ballpark

5 new books to check out about the fabled stadium

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What's an American Indian? Warren case stirs query

Native Americans have a high rate of intermarriage with other groups. Many are not identifiable by appearance, which has made it possible for almost anyone to assume a Native persona. That seems to have been the case with US Senate candidate Elizabeth Warren.
Facebook IPO: Six key dates in its debacle

Facebook's first week as a publicly traded company will go down as a terribly botched corporate launch, perhaps one of the worst in recent history for such a highly visible entity. Eight days ago, it was the tech world's most highly anticipated initial public offering in eight years. Now, the social media company faces mounting legal woes and serves as an embarrassing example of how not to run an IPO. Despite rising insider pessimism about its growth prospects, Facebook kept boosting its asking price and the number of shares it would sell. The result: billions of dollars in losses; investigations by two congressional committees, the Securities and Exchange Commission (SEC), an industry watchdog, and the state of Massachusetts; at least 13 class-action lawsuits; and thousands of resentful shareholders who days later still were unsure how many Facebook shares they had or at what price. Here are six key dates in Facebook's unfolding IPO disaster.
John Cheever: 10 quotes on his birthday

On what would be his 100th birthday, here are 10 memorable quotes from John Cheever.
Brown calls on Harvard to 'correct record' on Elizabeth Warren's heritage

Sen. Scott Brown wants to know why Harvard listed his rival, Elizabeth Warren, as a native American professor. The issue has not tipped the race yet, but it could, the Brown camp says.
Was it right for Elizabeth Warren to identify as a minority? Will voters care?

A genealogist is supporting Elizabeth Warren's claim of Cherokee ancestry. But what could linger with voters is whether it's right for someone who is 1/32 native American to claim minority status.
Fenway Park: 5 new books about the beloved ballpark

5 new books to check out about the fabled stadium
Mitt Romney's 'electability' against Obama key to Iowa caucuses

Mitt Romney is mostly ignoring his GOP rivals, concentrating instead on challenging Barack Obama. It's part of his general election strategy, designed to show Republicans in Iowa and elsewhere that he'd be most 'electable' next November.
Theo Epstein to exchange toxic Red Sox for 'cursed' Cubs

Theo Epstein was revered in Boston for helping to bring the city its first World Series since 1918. Now, Theo Epstein is set to try to do the same in Chicago after enduring a disastrous Red Sox season.
Barney Frank domestic partner heckles GOP opponent following debate(VIDEO)

Barney Frank's domestic partner, Jim Ready, engaged in repartee with Mr. Frank's GOP opponent, Sean Bielat, as Mr. Bielat spoke with reporters after a candidate debate last week.
Craigslist killer suspect's suicide riles victim's family

Craigslist killer suspect Philip Markoff's suicide denies the victim's family members a chance to confront him in court.
From punchline to powerhouse: the 'tea party' at one year

The 'tea party' movement still has much to prove. Populist movements often fizzle. But it has reinvigorated the Republican Party and constitutional ideals in an era of fading federalism.
Bruins vs. Penguins: ‘Frontier justice’ for Matt Cooke hit?

Will the Boston Bruins retaliate for Pittsburgh Penguin Matt Cooke's season-ending hit to star forward Marc Savard? The controversy comes as the NHL tries to limit injuries to top players.
The Vote
Gibbs to press: Let the Obamas enjoy their Vineyard vacation
Horizons
Are 'mature' video games worse than rated-R movies?
Any buyers for The Boston Globe?

The refusal of the largest union to accept contract terms could make a sale much harder. Workers hope that the newspaper's owner, The New York Times Co., will reopen contract talks.
Editor's Blog
Crisis in journalism: Boston Globe on the brink
The promise of Flight 1549

A Christian Science perspective on daily life.
The Vote
Too much Obama coverage? Some TV viewers have had enough!
You can make a difference

A Christian Science perspective on daily life.
More than optimism

A Christian Science perspective on daily life.
Not so smart cards easily hacked

MIT students hack into Boston's transit system, highlighting security flaws in mass-transit cards.
Where housing bust hits hard

In many metro areas, far-flung suburbs and exurbs face sharp declines in home prices.