When I was in the third grade I thought AIM was the greatest thing that ever happened since recess. Now, I’m a college junior studying management information systems and an avid Facebook user. But while I’m chatting with friends and setting up email accounts, what is Facebook actually doing with my information? What does Facebook do with all of its users’ information? In an effort to better understand how Facebook catalogs its users’ information and what that means for what will be one of the biggest IPOs in my generation’ history, this blog will dive into the privacy settings and procedures of the world’s biggest and fastest growing social networking site.