Facebook co-founder, Eduardo Saverin, renounces U.S. citizenship

[Rey C.]

Just an update for the FaceBook Fan Club: FB closed today at $17.73... down 53%+ from its IPO.

Maybe Eddie Saverin didn't sell (just) to save on his tax bill. Maybe he sold (at the top) to get his money out of this Ponzi scheme before it collapsed.

 

[Master Roshi]

facebook = a typical pump and dump scheme, and of course Ed renounces his citizenship because he now has to pay less taxes