The largest IPO in history has also turned out to be one of the biggest disappointments. Facebook Inc (NASDAQ:FB), the world’s greatest social network website in terms of the number of subscribers as well as monthly visits, attracted hundreds of thousands of investors, if not millions, only to throw a bombshell of disappointment since it started trading only a few days ago. While those of us who remained coy to invest in the largely publicized IPO can sit on the sideways and pride on their instinctive lucky escape, the majority of investors are lamenting on their disastrous losses. Others are still…
Facebook (FB) IPO Disaster A Reason To Revisit Sarbanes-Oxley?
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