As Facebook shares lose ground (‘Now they call it Fadebook’), Morgan Stanley is subpoenaed, and the U.S. Securities and Exchange Commission reviews Nasdaq OMX’s handling of the opening trade in the initial public offering, the hyped-up and overblown I.P.O. raises troubling concerns over bankers’ ethics and regulatory effectiveness:
http://www.guardian.co.uk/technology/2012/may/23/facebook-shareholder-lawsuits-mark-zuckerberg
http://online.wsj.com/article/SB10001424052702303610504577417911775222058.html
http://www.ft.com/intl/cms/s/0/8c6c8890-a434-11e1-a701-00144feabdc0.html#axzz1vecE40Nd
http://dealbook.nytimes.com/2012/05/22/facebook-i-p-o-raises-regulatory-concerns/?hp