Facebook IPO Bust? Not To Your Banker!
By The Banker | Blog Posts, Investing, Wall StreetA friend of mine who bought Facebook shares in the IPO complained last week about its miserable performance post-pricing, and I began to get flashbacks to my time on Goldman’s bond sales desk on new issuance days. I wanted to tell my friend our old bond sales new issuance motto,[1] But, to spare his feelings,
