Morgan Stanley defends Facebook IPO procedures (Reuters) - Morgan Stanley said its procedures for the Facebook Inc's initial public offering were "in compliance with all applicable regulations." "Morgan Stanley followed the same procedures for the Facebook offering that it follows for all IPOs," spokesman Pen Pendleton said in a statement. "These procedures are in compliance with all applicable regulations. ...
CISPA: Your Privacy at Risk? A new piece of controversial technology-related legislation is making its way though the House and now the Senate – the Cyber Intelligence Sharing and Protection Act, or CISPA. What is the bill and what's going to happen next?
Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading.
Facebook IPO shows galactic divide between investors NEW YORK (Reuters) - It's no surprise to anyone that big investors get preferential treatment on Wall Street. Investors expressed disappointment, skepticism and even shock on Tuesday after learning that an analyst at lead underwriter Morgan Stanley cut his Facebook revenue forecasts in the days before the company's initial public offering - information that apparently did not reach small investors before the stock went public and subsequently tumbled. The divide between the research and retail arms of big Wall Street firms has always been deep. ...
Lyrid Meteor Shower of 2012 The Lyrid meteor shower peaks Saturday night and Sunday morning, April 21-22. It's a relatively small shower -- 20 shooting stars per hour -- but a new moon should mean darker skies and better seeing.
