{"id":89836,"date":"2017-11-26T13:20:43","date_gmt":"2017-11-26T17:20:43","guid":{"rendered":"https:\/\/stateofthenation2012.com\/?p=89836"},"modified":"2017-11-26T13:20:43","modified_gmt":"2017-11-26T17:20:43","slug":"why-did-facebook-investor-peter-thiel-really-sell-three-quarters-of-his-remaining-stake","status":"publish","type":"post","link":"https:\/\/stateofthenation2012.com\/?p=89836","title":{"rendered":"Why did Facebook investor Peter Thiel really sell three-quarters of his remaining stake?"},"content":{"rendered":"

IS THIEL\u2019S SELLOUT OF FACEBOOK SOUNDING THE MARKET ALARM?<\/h1>\n

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by ANONYMOUS PATRIOTS
\nAim4Truth.org<\/a><\/p>\n

In light of today\u2019s earlier report about Peter Thiel selling his Facebook stake, we wanted to remind you of some interesting things that were happening in May 2012 that are relevant today. See who the players are and watch each of them make their plays in the upcoming weeks.\u00a0Get ready. Get set. Are the markets ready to go?\u00a0<\/strong><\/p>\n

PETER THIEL SELLS MOST OF REMAINING FACEBOOK STAKE<\/a><\/h2>\n

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\"flashback\"<\/p>\n

May 22, 2012<\/strong><\/p>\n

Facebook insiders cashed out $13.26 billion of their stock on Day 3 of the initial public offering. This level of insider stock sale so early in an initial public offering is unprecedented.<\/p>\n

\"breyer-james-w\"The insiders included James W. Breyer (Facebook chairman), Ping Li and James Swartz (Accel Partners LLP), Yuri Milner (DST, Mail.ru, Digital Sky Technologies, and third largest shareholder), Mark Zuckerberg, Goldman Sachs, Peter A. Thiel , Meritech Management and Microsoft.<\/p>\n

\"YuriRussian Yuri Milner was a $3.79 billion winner. Milner has been a disciple of Larry Summers since his college days at the World Bank. Milner authored an essay proposing a voucher system favored by Summers to privatize the Russian economy. This reckless proposal was forced upon Russia and gave rise to the mob rule today known as Russian oligarchs. Larry Summers very evidently took advantage of an \u201cinsane and unnecessary haste\u201d to destabilize the Russian economy, line his pockets, and pump the pre-IPO Facebook valuation to $100 billion..[128]<\/a>\u00a0[267]<\/a><\/p>\n

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\"thiel-peter-a\"<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n

Ann H. Lamont, Meritech Management, who netted a paltry $263 million, is married to failed Senate candidate, Edward M. Lamont, grandson of J.P. Morgan. The Lamont financial portfolio reads like a\u00a0Who\u2019s Who<\/em>\u00a0of the Facebook IPO. Fidelity, JP Morgan Chase, Morgan Stanley, T. Rowe Price, Microsoft, IBM, even Boston Scientific). They had up to $71 million invested in 81 Goldman Sachs and JPMorgan mutual funds alone.[315]<\/a><\/p>\n

Most of these shareholders were also clients of Facebook securities law firm, Fenwick & West LLP.\u00a0[136]<\/a>\u00a0This insider trading ignored the normal \u201clock-up\u201d period that restricts such insider trading. This egregious conduct sparked an epic rant by CNBC\u2019s Jim Cramer about Peter A. Thiel netting $633 million, who said on air: \u201cThere isn\u2019t anything about Facebook is done in the right fashion . . . where are the brokers coming out and saying this isn\u2019t right?<\/em>\u201d Cramer was later muzzled by the network.[314]<\/a>\u00a0See this Cramer YouTube rant below.<\/p>\n

Inside Traders<\/strong>\u00a0($13.25 billion<\/u>\u00a0@ $37.58) on Day 3 of the Facebook initial public offering
\n(no customary insider lock-up period<\/em>)<\/div>\n
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Jim Cramer\u2019s epic rant against Peter Thiel, Facebook & the FB IPO<\/a>[314]<\/a><\/strong><\/div>\n
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Make sure to save these video files as the video below has been scrubbed from YouTube several times:\u00a0http:\/\/youtu.be\/tGmPwzRrSlQ<\/a>\u00a0|\u00a0Raw *.mp4 video file<\/a><\/div>\n
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