i m erin burnett. outfront tonight, dive bombing the carcass. it s just an image that makes me think of the field growing up, dead deer, entrails everywhere, buzzards coming in with their ugly little red bobbles. that s what it looks like for facebook. at least three lawsuits filed in connection to the facebook ipo. plus investigations by the securities and exchange commission and the massachusetts secretary of the commonwealth. of course, public embarrassment. headlines like these on the front pages. the best one today went to cnn money. bumpy start just got a little worse. inside facebook s fumble was from the wall street journal and the washington post called it a debacle. here s where the stock closed today, at $32 a share. down $10 from where it opened on ipo morning at $42. that means it s lost a quarter of its value since it opened. that is pretty stunning. and you say how? how could one of the most anticipated offerings in american history, and the biggest in te
bacteria pathogens, anything on the surface of our streets, rooftops, parking lots, gets flushed into the storm drains and into our beaches with little or no treatment. the other thing we find is that there are cities that use combined sewers so they combined the sewage waste coming out of people s sewage systems with rainfall run offand the huge volume of rain that enters these systems simply over whems them and floods the water out to the beach. sounds kind of disgusting. let s go to where the top five worst beaches are and they re scattered around the country. we ve got indiana, california, michigan, massachusetts, they all have water vitals, reaching 70%. if you swim in water like that, what do you risk having happen to you? well, unfortunately, we find that this is a huge problem at beaches nationwide. it s not just limited to one state. we have problems with beaches in
try to force all that oil back down into the reservoir. they think it will work now because the well is capped and that gives them back pressure that will send that oil back down to the reservoir. we have graphics explaining all this. how does this affect what bob dudley says in terms of scaling back the clean-up efforts? reporter: it s been more than two weeks since any new oil flowed into the gulf. so, in certain parts of the gulf you don t see tar balls, tar paddies washing up on beaches. as he said yesterday, they ll continue to adjust the size of the clean upforce depending on their need. there s no need to have people in hazmat suits walking along beaches where there is no oil. this is a severe point of contentious among people especially here in louisiana. officials here who still bear the scars of katrina, who felt they were abandoned during katrina, and they fear the same
thing will happen once the well is permanently killed out there, that bp and the coast guard will pack up and go away, and yet the oil will still come ashore. i mean, one of the things they know, it takes the oil four to six weeks to get from the well head to the coast, about that time. but what they don t know is how much oil is under the sea and how long it s going to take that to come to the marshes or beaches. there s a lot to figure out. anne thompson, thank you so much. this afternoon some 500 guests or so are expected to begin arriving for the wedding event of the season and rumors are still swirling about who is on that list. chelsea clinton will marry marc mezvinsky at the astor court estate this is afternoon. with a good saturday morning to you on this busy day, courtney, we still don t know who s showing up for the wedding. they ve done a pretty good job with keeping these details secret, right? reporter: they ve done a
california, in new york, now in the gulf states in particular with the oil spill. we ve seen 2,000 closure and advisory days this year, which is a ten-fold increase over the year before, all due to oil pollution. this is something that s a tremendous problem nationwide. but, noah, really how many people get sick from going to beaches like this? i mean, is this something that basically we re able to handle or not? unfortunately, we don t have good data on this. we do know that people get sick from swimming in polluted water. there are anecdotal studies showing they re much more likely to end up with ail manies like stomach ail manies, pink eye, skin rashes, strep throat, hepatitis, but we don t have enough data to show whether or not it s safe to swim in this water. more to the point, oftentimes we don t have enough testing to show if the water is contaminated in the first place. in california, a number of programs were cut last year on they took less samples than the year before an