Joined Nov 11, 2007
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Flash: Facebook Rips Off Bankers

They bargained an investment banking fee of just 1.1% for its ipo filing. A typical fee is around 3-5%.

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One comment

  1. leftcoasttrader

    Depends how you want to say it. A month ago the headlines read “Bankers wave fees for the prestige of lead left on Facebook IPO.”

    With the role Morgan Stanley has been on they kind of had to or else give someone else the opportunity to step in for less.

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