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Inside Job: Facebook I.P.O. Shows System Is Broken

The New Yorker  |  Posted: Updated: 05/22/2012 9:28 am

Facebook Ipo

The New Yorker:

Monday morning’s big fall in Facebook’s stock hardly came as a shocker. It was clear on Friday that, at the offering price of $38 a share, there were more sellers than buyers.

Read the whole story at The New Yorker

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Filed by Benjamin Hart  |