Recent concerns over Facebook's privacy policies reached a new pitch yesterday on publication of an Instant Messaging (IM) transcript from 2003 that has CEO Mark Zuckerberg scoffing at the trust fellow Harvard students placed in him.

The online publication Business Insider published the transcript of a chat between Zuckerberg and a friend that reads as follows:
Zuckerberg: "Yeah so if you ever need info about anyone at Harvard just ask. I have over 4 000 emails, pictures, addresses, SNS."
Friend: "What? How'd you manage that one?"
Zuckerberg: "People just submitted it. I don't know why. They 'trust me'. Dumb f***s."
Facebook later issued at statement that "the privacy and security of our users’ information is of paramount importance to us."
Although it refuses to comment on what it calls "anonymous sources or dated allegations", it says everyone at the company understands that its success is tied to people's trust.