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Citi: Nasdaq 'Grossly Negligent' in Facebook IPO

Thursday, 23 Aug 2012 | 12:15 PM ET

Nasdaq is under harsh criticism from Citigroup, which is calling on regulators to reject Nasdaq's plan to compensate for losses related to Facebook's IPO, with the FMHR team and CNBC's Kayla Tausche. And CNBC's Jackie DeAngelis takes a look at global hot spots.