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Steve Weiss said, "It was such a disingenuous, and I would say dishonest commentary. ... Guess what — Facebook doesn't charge a thousand bucks for an iPhone OK when everybody else is charging a lot less."
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Winer asked Jim if it concerns him that companies have sold off after great earnings. Kevin O'Leary muscled in and said Winer was "bringing up a good point" about financials. O'Leary said the loan book looks "really bad," and so we need the "follow-through" to deregulation (snicker). (He could also say we need to go back to 1985 and get excited about Oliver Stone's "Wall Street" and not recognize that all the talent and money are going to Silicon Valley, which is in the process of reinventing financials' business models, which basically means cratering fees for customers.)
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