• 06 Jun 2012 at 5:24 PM

Nasdaq Officials Are Sorry About The Whole…Y’Know

By

They’ve reviewed the tapes and it appears an apology is in order.

Robert Greifeld said he and other Nasdaq Stock Market officials “owe the industry an apology” for the exchange’s technical problems that marred Facebook highly anticipated stock offering last month and left traders and investors frustrated and confused. In his first one-on-one interview about the social-networking company’s initial public offering, Mr. Greifeld, chief executive of Nasdaq OMX Group Inc., said Wednesday that he and his staff have undergone “an entirely clinical, analytical” review of the events of May 18 in order to calculate trading losses caused by the IPO. “Clearly we didn’t succeed here,” Mr. Greifeld said in his office at Nasdaq’s MarketSite in New York’s Times Square.

Greifeld: Nasdaq Owes ‘An Apology’ [WSJ]

Comments (50)

  1. 1
    Posted by tHe oTher JD | June 6, 2012 at 5:30 PM

    FaceCrap …. biz for the new genertation of hipster douchbags,

  2. 2
    Posted by guest | June 6, 2012 at 5:32 PM

    Your comments are setting the record for horrible. Just thought you'd like to know.

  3. 3
    Posted by guest | June 6, 2012 at 5:33 PM

    we apologize for the inconvenience. we thank you for your patience. please accept these steak knives with our compliments.

  4. 4
    Posted by Van Beek | June 6, 2012 at 5:38 PM

    Robert Greifeld > Friend Activity

    No friend activity found.

  5. 5
    Posted by guest | June 6, 2012 at 5:39 PM

    if you're gonna suck, at least spell "douchebag" correctly

  6. 6
    Posted by VonSloneker | June 6, 2012 at 5:47 PM

    Greifeld, you better lawyer up, asshole. Because I'm not coming back for some paltry settlement. I'm coming back for your whole bullshit exchange.

    - Zuck

  7. 7
    Posted by Everyothervenue | June 6, 2012 at 5:57 PM

    Rumor they are going to make up the diff to market makers by knocking off future bills. Problem with that is nobody will have a bill there to discount….

  8. 8
    Posted by NasdaqSux | June 6, 2012 at 6:02 PM

    A friend just played Golf with Bob and his CFO at Trump this past weekend – they acted as it they didnt give a shit…

  9. 9
    Posted by guest | June 6, 2012 at 6:03 PM

    That's probably because they don't?

  10. 10
    Posted by guest | June 6, 2012 at 6:04 PM

    Please let this happen.

  11. 11
    Posted by _guest | June 6, 2012 at 6:09 PM

    I'm reiterating my previous call: Facebook's market slide has nothing to do with its fundamentals and everything to do with exchange technical problems. Getting in at anything less than $200 per share is a bargain.

    UBS Social Media Analyst

  12. 12
    Posted by Barclays | June 6, 2012 at 6:23 PM

    No worries…

  13. 13
    Posted by guest | June 6, 2012 at 8:23 PM

    I don't understand the need for an apology. Other than that I have no concerns.

    -AIG Crow Quant

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    Posted by contango | June 7, 2012 at 12:18 AM

    I heard zuck thanked everyone with personalized green shoes.

    - Grass is always greener UBS MD

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