Reply #5: This spells big, big, big, big trouble. [View All]

[JDPriestly]

Yet another way to launder money and mine for information.

The names of the "investors" will not be revealed. The source of their money will not be disclosed. The"success" or "failure" (depending what the "investors" really mean by those terms) will never be known.

XXX number of dollars being "invested," far more than could ever be earned from the ads on Facebook, but everybody is happy. Goldman gets bonuses for "investing" huge amounts of money of an unknown source, possibly money first passed through Russian (or Mexican Mafia or Columbian rebels') hands. Facebook gets an injection of cash. Every fool in America launders his/her dirty underwear in public on the Facebook "social network." Lots of free, very personal data made available to whomever wishes to have it: "Look at Uncle Charlie shaving in the mirror last Saturday." "Pictures from our vacation in the Adirondacks. We spend three weeks there every summer." "Us at the office Christmas party. Doesn't Phyllis look smashed?"

Facebook puts your supermarket bonus card and your credit card company's summary of your charges to shame for simply placing the details of millions of people's personal lives at the fingertips of the enterprising who know how to turn such information into fun and profit.

And people are worried about Wikileaks?

Why are people so stupid?