Nasdaq System News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> i had never covered a deal so big, so quick, and so important. stwl i spoke >> i spoke to someone that said facebook would have to figure out a way to monetize this. >> if you look back now it makes so much sense. >> it was an investment in facebook's mobile strategy and it helped the company bolster their ipo ahead of time. >> going public is an important milestone. >> with the world watching, e everything that could go wrong went wrong. >> facebook face planted. >> when the day came the nasdaq system broke. >> the nasdaq button was set up on campus, we're doing a remote to kind of ring th...

Everyone said that's a bad idea. and actually it turns out to be a brilliant idea. >> they got it cheap. >> this was facebook's biggest acquisition to date. >> as a startup reporter, at time, i had noeever covered a dl so quick or important. >> facebook is going to have to find a way to help monetize this. >> there were a lot of people that doubted whether this was a good acquisition. if you look back now, it makes so much sense. >> it was an investment in facebook's mobile strategy and help bolster the portfolio ahead of the ipo. >> it could be the biggest ipo in history. >> going public is a...

A stock exchange. the s.e.c. says the nasdaq system had a design problem that caused disruptions, made it difficult to buy and sell. this was a year ago. it was such a disaster. that facebook ipo which was supposed to be available to everyone, common people, we're all supposed to be able to buy a piece of that, i think a lot of people are missing this stock market rally buzz they mistrust wall street in part because of that debacle of facebook ipo. no comment from the nasdaq. a new study says one group benefits the most from tax breaks. who do you think it is, john? >> the rich people. >> it...