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by jroseattle 5139 days ago
Given how tight and controlled the shares distribution was by Morgan Stanley, how eff-ed up the orders to NASDAQ went, and the resulting decline in value over the last few days -- basically it seems that Wall Street bankers are the ones who were screwed. All I can say is -- what goes around, comes around.

They finally did it to themselves. For all the complaints about future regulatory needs, the Street never once considered that it might actually protect someone they're interested in -- themselves. Trust in the market has never been lower, thanks to the very folks that benefit from it. Now, not only are government agencies pissed off and investigating, but the traders are going to start pointing fingers at each other.

Tsk, tsk Wall Street -- prepare to hunker down. Karma's a bitch, boys. Who knows, when it's all said and done, maybe Facebook will end up actually helping Main Street.