I'm somewhat amused by the entire Facebook bruhaha.
With $2.5 billion in value evaporated less than one week after one of the most touted stock sales in Wall Street history, Facebook's botched public offering is rattling investor confidence that's been shaken ever since the failure of large financial institutions four years ago.
What I find amusing is that investors who lost money are looking for someone to blame. What do they expect from a deregulated market and toothless watchdogs? "The Market" is nothing more than a big ol' casino these days, and sometimes, when you pull the lever, it comes up lemons.
Enhanced regulation, however, is a political nonstarter, but without common-sense regulation and agencies with the tools to make it work, you can complain until you're blue in the face about the money you lost, and blue in the face is all you're going to get.
I dabble in stocks, and one of the first things I learned when researching stocks is "do not bet money that you cannot afford to lose." Secondly, I do not buy stocks that don't pay a dividend. If later on, that stock stops paying a dividend, I dump it, and look for another one that does pay. By following those two broad rules, I've done pretty well.