By Simon Johnson Most of the current policy discussion concerning the euro area is about austerity. Some people – particularly in German government circles – are pushing for tighter fiscal policies in troubled countries (i.e., higher taxes and lower government … Continue reading →
In wake of Facebook IPO, Nasdaq CEO seeking amends in Silicon …Contra Costa TimesIn an exclusive interview, Robert Greifeld offered a mea culpa for technical glitches that helped mar the decade s most anticipated stock offering.
The U.S. Treasury intends to continue to gradually extend the average maturity of the securities it issues–a tactic that locks in borrowing costs but potentially…
Falling Flat On Its FacebookInformationWeekThe Facebook IPO has been a disaster. According to Bloomberg, it was the worst of the decade. But in a way that's the least of Facebook's troubles. Prior to the IPO, ad growth was slowing and research …
TechCrunchBashing Facebook For All The Wrong ReasonsTechCrunchSo Facebook's IPO was a disaster. Or maybe it wasn't. Yes, it was an utter fiasco. No, wait: “The debacle was not the IPO but all the whining by speculators who didn't make mon…
The NationalFacebook launches Dubai office amid IPO woesThe NationalFacebook's IPO produced the worst five-day return among the 10 largest United States deals of the past decade, according to Bloomberg. One problem identified during the IPO process…
Telegraph.co.ukFacebook crashes below $30 in 'worst IPO in a decade'Telegraph.co.ukFacebook and its Wall Street advisors are already being sued by investors who lost out in the $16bn IPO, amid claims that they were misled about the social netwo…
ValueWalkFacebook hits new low, falls below $30Washington PostAs of 1 pm, Facebook shares were trading at $29.39, a dramatic drop from its initial offering price of $38. Of the top 10 largest US IPOs in the past decade, according to Bloomberg, Facebook…
CBS MoneywatchFacebook: Between an IPO and a hard raceCBS Moneywatch(MoneyWatch) COMMENTARY Maybe you buy into the idea that Facebook (FB) has presided over the worst IPO flop of the decade so far. Maybe not. But there is little doubt that the company …
FirstpostFacebook Shares Retreat to New Low as Options Trading BeginsSan Francisco ChronicleOptions will a very robust marketplace with respect to Facebook." The IPO, which set a record for technology companies by raising more than $16 billion, pr…