I have a facebook account and have the privacy setting set pretty tight. Only friends can see my profile stuff. But if you add your boss to your friends list and they aren't really your best pal, you're just asking for trouble.
Yup, I’ve set all my privacy settings on Facebook real tight too. I have a few “moms” from my son’s school as my “friends”, but I will remove them soon. My Facebook page is mostly for my high school and college friends (no family), and some college pals are ‘fond’ of recalling the good ‘ol 1980’s, when we were young & stupid... I don’t want these mothers to know this stuff... Heehee!