These idiots need to be drug through the town square
Gorman said the malfunctions caused “unprecedented confusion and disarray” in the opening hours of trading in Facebook.
At the meeting, Gorman supported top bankers and equity capital markets executives who worked closely on the offering, including Michael Grimes, co-head of global technology banking at Morgan Stanley, as well as Daniel Simkowitz, chairman of the firm’s global capital markets business.
In the discussion, Gorman went so far as to recount a phone call he received from Facebook’s chief operating officer, Sheryl Sandberg, last Friday evening. Gorman said Sandberg praised the company and offered Morgan Stanley a professional reference for its work on the deal.
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