Facebook Slams IPO Door, Zombie Hedge Funds, Activist Investors Get Bold, Can't Lose Investments, and More
7. A Dollar Short
It's underwhelming at best. Nasdaq has got to go back to the drawing board and come up with something else.
—Thomas Joyce, CEO of Knight Capital Group, on Nasdaq's plan to compensate clients affected by the Facebook IPO debacle with $40 million in cash rebates.