Facebook does have a privacy safeguard in place in that you have to approve the content before it shows up on your profile page, but this is yet another step away from being a closed social network where your choices about who you friend determine your experience there.
After the market closed Thursday, Morgan Stanley announced that co-President ZoeCruzZoe Cruz was retiring, making her the latest high-profile executive on Wall Street to be pushed to the exits in the wake of losses in the credit markets.