from coast-to-coast here in the u.s. we have ali velshi and dan si n simons is outside the headquarters outside menlo park. facebook s price will be showing at the bottom of your screen. let s begin with christine romans in new york. give us the starting price of fb the ticker name. this is the third largest public offering behind gm and visa, right? reporter: that is right. it could be the second largest by the time all of the trades are said and done. we are still waiting for the indications at nasdaq where it could be. it looks like it will be higher, obviously, no price there. we have not seen the trades cross yet. we are watching the matching buyers and sellers. we are trying to figure out what it will open at. there is a lot of hype about it. it can take a while to get the real sense of the price discovery of what it will look like. $38 clearly is what the current price on the board. that is what the ipo price is, fr is what we have been told. who is this being of
walkman? well, no one in the era of the apple ipod and a iphone does. sony was once the tops in personal gadgets but it became too big and lost focus. japan airlines also grew, so much that the expenses gobbled up profits. corporate inflexibility led to empty seats flying all over japan and knocked them into bankruptcy a few weeks ago making it the country s corporate failure, one of the biggest. do you see the country being as strong as they were? no. reporter: timothy kirkwood has seen the booms and busts of japan s economy. in recent years kpaens like toyota focus on global expansion and branding and let go of what it s known for. there bhans outward-looking management that enjoys the success of the global consumerer spending boom we have seen during the good times.