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.

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.

Warren Olney
former KCRW broadcaster
Katie Cooper
Producer, 'One year Later'
Frances Anderton
architecture critic and author
Christian Bordal
Managing Producer, Greater LA
H.D. Palmer
California State Department of Finance

News

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.

Share

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.

Share