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Morgan Stanley's Gorman on Facebook's IPO

Thursday, 31 May 2012 | 4:23 PM ET

Morgan Stanley chairman and CEO James Gorman offers insight on his team's efforts to price Facebook's IPO and the Nasdaq's handling of the stock's trading transactions. "In a deal of unprecedented size against a macro backdrop of everything going on in Greece, and so on, created a potent elixir, if you will, that really set this thing aflame," says Gorman.