mr. zuckerberg. i have to wrap. >> probably a nice guy. could be. >> we'd love to have you join us on "power lunch." >> exactly. >> should he remain held of the publicly-held company? >> yes. absolutely. you can have page and bring in someone -- no. they have grown-ups. that was supposed to be the big case and needed someone to say you can't do this, peter. cancel, cancel your cell program and let's have the directors buy. wouldn't that have made the shorts come in and bought -- the stock at 24. obviously they don't care about the stock. unfortunately, we do. because you see it's people's money and people lost a fortune on this. >> they have. >> a fortune. >> jim cramer, a pleasure. come back. >> great to see you, sue. >> good to see you, too. tomorrow on -- you want to finish this for me? tomorrow on "power lunch," corporate board responsibility to the shareholder, what we were just talking about in the fake of the facebook mess. stefan paternot will join us. he's been trapped between the company and his shareholders. he'll join us and ke

mr. zuckerberg is the right ceo for the story here? >> tough story here. there's a lot of pressure on mark zuckerberg and the company and seeing the 271 million shares, a knee-jerk reaction. 19.69 the le on the stock today and a long-term play, sue. i love the pressure that's now placed upon these geniuses so therefore this could be a bottom but like julia said earlier, that november 1.2 billion block, that's a big hurdle. i still like facebook. >> kenny pulcari will react in a minute. standing next to me going like this. wait. wait your turn. coming up in a minute. if you were a facebook insider and your lock-up ended today, what would you do? would you sell today? go vote at finance.yahoo.com. ty? >> terrific. can't wait to hear what kenny has to say. >>> the markets up, up and up today. the dow and s&p and nasdaq. let's take a look at the numbers. the dow after a kind of limp start up 71 points right now. the s&p 500 up 8.1 at 1413 and the nasdaq composite higher by nearly 26 points. back above 3000 where it's been sitting past few days. s&p's 2012 intra

mr. zuckerberg might want to face facebook.he hottest ipos of the first dot-com boom and boost era watching the stock rise then more than 700% before flaming out and eventually crashing. he now leads another company, sugar crm and with us is don steinberg, now president of a social site that agree gates corporate branding. thank you, gentlemen, very much. >> thank you. >> larry, you have advice of trarnsparenc transparency. how so any. >> first thing is to tell your shareholders when's happening. they have the ards going in the social. tell people what's happening with the business. you can't simply not. investors value transparency. they value vizn't. and on the earnings call, mark didn't give them that. and the first thing i'd tell him is, you have to be transparent. >> is he the appropriate guy to run the company? some people say rightly or wrongly, he is a genius in terms of int venting the model and the company itself but perhaps the ceo role is not the appropriate one for him. larry, do you think that's the case? >> look,

mr. zuckerberg's hues and here to talk about the battle of silicon valley and wall street.n paterno former ceo and cofounder of the original social network the globe.com joins us and greg ryan of double click. thank you very much for joining us. appreciate it very much. kevin, i'll start with you if i can. the reaction to the selling of that stake and now remaining on the board. it seemed to us looking from the outside in that that was an extremely bold move and highly unexpected. >> well, i think the question is really do you view him as an angel investor, independent director or a vc? it's understood when investors, you know, professional investors invest they distribute or sell the shares with a fund to do that. and you expect it and know it. i think that part is appropriate. the question of staying on the board is another one. i think it's difficult for him to be effective on the board and i think most vcs should not be on the board of publicly traded companies. that's not the expertise. >> stefan, you have taken your company public and you had vc and angel investors. w

mr. zuckerberg? >> all the time.a partner of theirs on how to figure out, reserving the customer service of facebook and mobile while also introducing advertising. that is the challenge they are trying to figure out. stuart: george bell. a man who may be a billionaire. are you one yet? >> not at this very moment. >> wait until the market closes. stuart: george bell, thank you very much indeed. madam albright not being so diplomatic when it comes to blaming president bush. wait until you hear how long we should blame bush for our country's economic troubles. [ male announcer ] if you have to take care of legal matters. legalzoom has an easy and affordable option. you get quality services on your terms, with total customer support, backed by a 100% satisfaction guarantee. so go to legalzoom.com today and see for yourself. stuart: it is a very modest loss for the stock market this morning on perry will borrowing. the dell jones industrial is down. we go over that cliff, tax increases and spending cuts and all it will go

mr. zuckerberg's, like the girl who dumps him with whom he reconnected at the end?s that the zuckerberg to whom i refer is not mark zuckerberg, the proud son of dobbs ferry, new york. the one under discussion is with ton created by fincher and sorkin, not the real-live boy billionaire, and that's from a daily beast article. it's a little confusing, i know. >> guest: right. >> host: but then danya says she lives in eugene, oregon, and new york city and a graduate of amherst school of education. >> guest: it's a great question. the reality is, you know, i don't want to get into mark's personal life that much. but the reality is when "the social network" and my book, "accidental billionaires" takes place, although he did know the girl he ended up being with, for the first six months they were just friends. they didn't start dating seriously until after the events of "the social network," and even then people say they were not that serious according to people i talk to, but they didn't become the item they are today and now i believe they're engaged, and it's wonderful,

twitter is unlike mark zuckerberg and the people at facebook he is actually in gauging the investment community. one way he is engaging mr. jamie dimon, ceo of jpmorgan chase. they might not have an investment in twitter. there are financial relationships and he is taking his sweet time before going public and trying to figure out how you go public in a way that you have a business model which is concrete. one of -- they do not have a concrete business model. these are two different ipos. i think twitter will be a public company. can't tell you definitely. the plan is next year. liz: he is not the ceo. charlie: like two guys in google. they were not the ceo. they just fired the ceo. they were demoted -- >> eric is executive chairman. charlie: was it his decision to leave the job? whatever his name is an the other guy, a fair decision. liz: when it comes to pricing and ipo. you said facebook wanted to do whatever to wall street. what about the underwriters? do they have a say and how something is priced? charlie: you remember they have a responsibility to the client. the client makes the call. from what i understand this

mr. gasparino. >> yes with the situation in manhattan and this and interesting story. why it came about and what twitter is learning. i learned yesterday the chief operating officer of facebook mark zuckerberg erred not well-respected on and wall street they feel they need adults in the room. she spoke with one institutional investor but tried to explain why facebook priced the deal as it did. it is now $38 then up at 45 but now below 20 her cushy tries to explain this. we wanted to screw wall street traders. ashley: is that how she put it? [laughter] one did to prevent wall street from making money, the flippers but she said you allowed others your venture capital list or others. that hurts the entire approach and hurting the reputation of investors on wall street. this is getting back to the founder of twitter who was learning from these mistakes jack dorsey, she is a kid but smart enough to know you have to work with all street before jumping in with of bru-ha-ha including jamie diamond to plot the future of the company. this is what worries wall street. it had no growth structure it is outgrowing down with profits and revenues. now left in the lurch and cheryl samberg does not show conf