Description: As Facebook’s underwriters were frantically trying to shore up Facebook’s share price following the company’s IPO, managers at the same firms were helping short-sellers bet that the newly minted stock would fall. Jonathan Cheng has details on digits.
Source: Marketwatch.com – video report
Date: May 25, 2012
Questions for Discussion:
- Summarize the issues surrounding the controversy?
- Do you believe there was any illegal or unethical behavior?
CT:Â Â Company Analysis, Industryl Analysis, Management Issues, Governments & Regulators, Growth & Valuation –