Nasdaq Cites 'Arrogance' in Facebook Flop
Linkedin

Nasdaq Cites 'Arrogance' in Facebook Flop

Singapore : Singapore | Jun 25, 2012 at 12:15 AM PDT
Source: Asian Wall Street Journal
XX XX
Views: Pending
 
Chief Executive Robert Greifeld said Sunday that "arrogance" and "overconfidence" among Nasdaq staffers contributed to problems with Facebook Inc.'s initial public offering last month. Addressing a conference of corporate directors at Stanford University's Law School, Mr. Greifeld said Nasdaq... FULL ARTICLE AT Asian Wall Street Journal
Back
1 of 7
Next
Facebook debuts on the NASDAQ
Facebook debuts on the NASDAQ
 
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
 
 
Advertisement
 
Advertisement
 

News Stories

 
  • Arrogance was part of Facebook flop

    Big News Network
    Follow this company initial public offering, the Wall Street Journal reports...Investors and financial firms are now saying they lost more than $500 million on shares they didn't want or could not sell. Breaking News Monday 25th June, 2012 Get the...
  • Nasdaq Cites 'Arrogance' in Facebook Flop

    Asian Wall Street Journal
    Addressing a conference of corporate directors at Stanford University's Law School, Mr. Greifeld said Nasdaq had tested its systems extensively before the May 18 IPO, simulating higher trading volumes than actually occurred. But he said Nasdaq was...
  • Staff 'Arrogance' Behind Botched Facebook IPO Says NASDAQ Boss

    International Business Times
    Chief Executive Robert Greifeld told a conference of directors at Stanford University's Law School that the exchange had tested its computer systems before the May 18 IPO, but failed to take into account the volume of canceled orders in the run up to...

Images

 >
 

More From Allvoices

 
Tap_logo_330_110_event
 


Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc 2008-2013. All rights reserved.