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NASDAQ’s Gamble With Facebook’s Fortune
techcrunch.com 10 hours, 14 minutes agoNASDAQ had a choice. When its systems buckled under the titanic volume of Facebook IPO share orders, it could have pushed back trading a day, or at least recommended as much to Mark Zuckerberg and company. But as the IPO’s scheduled time passed, NASDAQ made a cavalier decision to stumble forth on broken legs, pretending like little was wrong rather than halt trading as brokers asked . There seemed to be no plan for if things went wrong. An error-filled day of trading ensued, and confused investors pulled ba
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Morgan Stanley CEO On Facebook IPO: Blame Nasdaq, We Did Nothing Wrong
forbes.com 15 hours, 29 minutes agoJames Gorman says the technical glitches by Nasdaq caused unprecedented confusion on Facebook's IPO day.







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