Facebook Banks Said to Make $100 Million on ‘Stabilizing’ Stock
May 24th, 2012
*chortle*
Here’s one for your Invisible-Hand-with-Corporate-Logos file folder.
Via: Bloomberg:
Facebook Inc. (FB)’s underwriters for its initial public offering made gains of about $100 million through their work to stabilize the shares in public trading, said a person familiar with the matter.
Related: Facebook IPO
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