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Wildlife in the water | News, Sports, Jobs - Marshall Independent marshallindependent.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marshallindependent.com Daily Mail and Mail on Sunday newspapers.
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today? reporter: well, i think there actually is a question of whether the ipo was over hyped. there was a lot of talk that we might see a big pop after the stock started trading today but we didn t really see as much of a pop as a lot of people had been looking for. one of the issues that could have hampered expectations, the excitement here, was the fact that the nasdaq said that facebook shares were going to start trading around 11:00 a am eastern. then they revised that and said 11:05. it was only a half hour after that that the shares actually started trading. there were some technical snafus and in that half hour or so when people were waiting that might have really dampened the excitement. interesting. so, julia, what are the experts saying now? should the average person buy this stock now or should we wait a while? what s the conventional wisdom out there? well, here s the thing. facebook s valuation is about $104 billion now. whether investors buy this st ....
directly about jpmorgan chase and this situation. take a listen. jpmorgan is one of the best managed banks there is. jamie dimon, the head of it, is one of the smartest bankers we ve got. they still lost $2 billion and counting. this is why we passed wall street reform. so the president there talking about why wall street reform was passed. however, democrats have gone on to look at this situation to call it the prime example for more regulation. but if dimon is the best out there, still is, as the president would like to say, this happened on his watch, couldn t the argument be made that jpmorgan is really the best example of the failure of the regulations of dodd-frank, a bill that you voted for? no, on the contrary, thomas. i think most people don t realize that the dodd-frank wall street reform legislation has not been fully implemented, not nearly. in fact the rules that are being developed by the department of the treasury and the fdic and the other relevant ....