My head's spinning. Can't focus on one topic. Too much craziness. Here are three examples.
First, let’s start blaming Facebookfor everything bad that happens. Everyone else does.
Greece going to fail? Blame Facebook. Lebron James choking? FB's fault. "I'm almost positive Facebook is responsible for the blossom end rot on some of my tomatoes," tweeted @TommyJShort. "People are saying Prometheus was terrible ... Facebook's fault,” says @ThatGuyEdub.
Let's even try to blame Facebook for JP Morgan's $2 billion trading loss. You have to figure some London Whale was hedging ... to reduce risk ... with trades to offset ... whatever the heck JP Morgan did ... all in anticipation of a Facebook IPO pop. Right?
Which brings me to example number two. To CEO Jamie Dimon's credit, he did NOT blame Facebook for the loss while testifying before the Senate. He blamed himself, while really blaming his staff. In fact, he admitted the government should be able to rain down "Old Testament punishment" on big banks if they do stupid things.