"The illusion has become real, and the more real it becomes, the more desperate they want it." Gordon Gekko in "Wall Street"
It was hard not to think of the great film Wall Street this week with news that Facebook "stumbled out of the gate" as one scribe referred to its stock losing value after its stratospheric IPO. Critics of modern capitalism often note that a company's true value, the worth of the goods or services it produces, is often disconnected from its value as an investment to real-world Gordon Gekkos.
Some critics felt Facebook was overvalued from the get-go, and looked at its meager first-day returns as a natural correction. Facebook is as dominant a social network as it was last week, but perhaps no one wants to buy into the illusion that it can remain that way forever.