Listen Live
Donate
 on air
    Schedule

    KCRW

    Read & Explore

    • News
    • Entertainment
    • Food
    • Culture
    • Events

    Listen

    • Live Radio
    • Music
    • Podcasts
    • Full Schedule

    Information

    • About
    • Careers
    • Help / FAQ
    • Newsletters
    • Contact

    Support

    • Become a Member
    • Become a VIP
    • Ways to Give
    • Shop
    • Member Perks

    Become a Member

    Donate to KCRW to support this cultural hub for music discovery, in-depth journalism, community storytelling, and free events. You'll become a KCRW Member and get a year of exclusive benefits.

    DonateGive Monthly

    Copyright 2026 KCRW. All rights reserved.

    Report a Bug|Privacy Policy|Terms of Service|
    Cookie Policy    |FCC Public Files|

    Back to To the Point

    To the Point

    Finger Pointing Follows Facebook's IPO Fiasco

    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?

    • rss
    • Share
    By Warren Olney • May 12, 2014 • 1 min read

    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.

    The full episode

    3 of 3
    Hopeful Signs Ahead for Talks with Iran
    1. 0:00SpaceX Dragon Capsule on Its Way to the Space Station
    2. 7:22Is Iran Ready to Make a Deal?
    3. 40:23Finger Pointing Follows Facebook's IPO FiascoYou’re reading this
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Katie Cooper

      Producer, 'One year Later'

    • KCRW placeholder

      Christian Bordal

      Managing Producer, Greater LA

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Frances Anderton

      architecture critic and author

    • KCRW placeholder

      Michael de la Merced

      New York Times

      NewsNationalPolitics

    The full episode

    3 of 3
    Hopeful Signs Ahead for Talks with Iran
    1. 0:00SpaceX Dragon Capsule on Its Way to the Space Station
    2. 7:22Is Iran Ready to Make a Deal?
    3. 40:23Finger Pointing Follows Facebook's IPO FiascoYou’re reading this
    Back to To the Point