be suspicious about Wall Street's Facebook Fiasco

So, until the Administration shows us some Wall Street indictments, the usual suspects will keep committing the usual offenses over and over. The Justice Department needs to get serious about investigating Wall Street fraud. And more states should join Massachusetts in investigating this deal.
This one goes to 11 ...
Do we know that's what happened with the Facebook IPO? No - and we won't know without a proper investigation. But we do know that the Facebook plunge reflects a classic scenario for shady traders who make money hyping a stock while secretly betting against it.
And we know that all three of these institutions are perfectly capable of doing it. They have the means, they have the motive, and - until our government does something about it - they have the opportunity.
So get on with it, Washington. You better update your status on those fraud investigations before it's too late.