Finger Pointing Follows Facebook's IPO Fiasco

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Shares of Facebook we initially priced at $38 a share. On the second day of trading, shares tumbled by as much as 18 percent. Fingers of blame are being pointed at Morgan Stanly, Nasdaq and even at Facebook itself.  What went wrong with the most highly anticipated high-tech debut in years? Michael de la Merced reports for the Dealbook Section of the New York Times.




Warren Olney