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 Which Way, L.A.?

    Which Way, L.A.?

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

    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.

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

    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.

    The full episode

    1 of 3
    Historic SpaceX Launch Set for Saturday
    1. 0:00How Much Will Facebook's IPO Help California's Ailing Budget?You’re reading this
    2. 0:00Private Enterprise in Low Earth Orbit
    3. 26:15Facebook IPO: A Touchstone Cultural Moment for America?
    • 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'

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

      Frances Anderton

      architecture critic and author

    • KCRW placeholder

      Christian Bordal

      Managing Producer, Greater LA

    • KCRW placeholder

      H.D. Palmer

      California State Department of Finance

      News

    The full episode

    1 of 3
    Historic SpaceX Launch Set for Saturday
    1. 0:00How Much Will Facebook's IPO Help California's Ailing Budget?You’re reading this
    2. 0:00Private Enterprise in Low Earth Orbit
    3. 26:15Facebook IPO: A Touchstone Cultural Moment for America?
    Back to Which Way, L.A.?