Detailed text transcripts for TV channel - MSNBC - 20120526:13:24:00
Here's your invoice. last week, the initial public offering dominated the news cycle. but all the initial news came out after the industry went public. the stock was trading at $31.90 what was supposed to be kind of a corporate celebration has turned into a depock el. the first screw up for stock purchases. the news got worse when reports surfaced that analysts for facebook's underwriter banks lowered their future revenue estimates and told some investors but not all. this week, they filed a class action lawsuit against mark zuckerberg alleging that morgan stanley could be lower than estimat...