Hacker News new | ask | show | jobs
by notinversed 2531 days ago
The massive spike in FB stock as this was announced is not exactly encouraging. All those executives getting paid largely in equity learned... what exactly did they learn?

They don't even have to admit they did anything wrong? Zero fault? For breaking Democracy? What the hell.

1 comments

1.81% is not a massive spike.

Also, "breaking democracy" is quite dramatic. Democracy isn't broken just because your candidate lost.

The spike is significantly greater than the fine (of course the expected fine was likely already priced beforehand and the unexpectedly low fine has reassured investors that Facebook is back to business as usual).
If you're a director that's a new Maserati. Who's my candidate? I have never voted, not sure what you're trying to project on to me.

They broke Democracy. That's putting it nicely, I think, and being charitable to Facebook when you could use much more malicious phrasing based on their actions.

They broke Democracy. Get used to that phrase, you're gonna be hearing it a lot in the coming years, because they broke Democracy.