Reuters: Technology News: Morgan Stanley CEO Gorman defends Facebook IPO conduct

Reuters: Technology News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Morgan Stanley CEO Gorman defends Facebook IPO conduct May 31st 2012, 21:45 Thu May 31, 2012 4:58pm EDT (Reuters) - Morgan Stanley chairman and chief executive officer James Gorman defended the securities firm's role in Facebook Inc's tumultuous initial public offering, telling CNBC on Thursday the firm followed standard procedures. Gorman said there was "no nefarious activity" involved in Facebook's recent IPO and that new technology firms looking to tap the firm to go public won't be turned off. "We have a long track record" with bringing companies public, Gorman said.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions