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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...

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...

Cards out of the deck. so that -- the only thing they didn't know potentially, and it may have been misrepresented and that's what we don't know, is that john paulson created the deck. but the fact that you actually got to see all the component parts i think is probably the most material thing. >> and of course paulson thought this was garbage. that's why she wanted to short it. >> i think you're right. they were able to look at the component parts of the investment so you can say why does it matter who put them in there. i think there's a deeper issue here. this case presents an existential t...