The most anticipated stock offering in history didn't turn out well for many people who bought shares of the social networking site Facebook. Everyone expected to make small fortunes, but that only happened for the preferred clients of big banks. Why? Wall Street knew something was up ahead of the debut, the public didn't.
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Facebook, one year later: What really happened in the biggest IPO flop ever
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Staff Writer
May 21, 2013 at 12:19 PM
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