Nasdaq CEO Explains Facebook IPO's Bungle
I spoke with Griefeld tonight who explained the specifics of what went wrong for Facebook's $20 billion IPO. "We ran our IPO auction process differently than we run the regular open and close. Typically, we lock the order book two minutes before the auction is to take place." +cnbc #facebook #ipo
Read On..... http://www.cnbc.com/id/47498908
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