How Much Will Facebook's IPO Help California's Ailing Budget?

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Tomorrow's the day that shares in Facebook will start publicly trading, and the share price has been set at $38. The State of California is hoping that the IPO will create enough new money to increase state revenues. H.D. Palmer is Deputy Director of Governor Brown's Department of Finance.

Credits

Guest:
H.D. Palmer - California State Department of Finance - @HDatFinance

Host:
Warren Olney

Producers:
Katie Cooper, Frances Anderton, Christian Bordal