Morgan Stanley CEO Defends Facebook IPO

Give the stock some time, he says

By Rob Quinn,  Newser Staff

Posted Jun 1, 2012 12:49 AM CDT

(Newser) – Morgan Stanley CEO James Gorman didn't feel the need to make any apologies in his first public comments since Facebook's IPO disaster. Gorman, speaking to CNBC, defended his bank's role as chief underwriter on the deal. "There are lot of opinions,...   Read full story »

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