Congress to America: Sorry. Gone Fishin’

Date: Jun 24 2012

Filed under: Investing, Facebook

Democratic Sen. Jack Reed of Rhode IslandDid you lose money on last month’s Facebook (FB) IPO? How about on Groupon (GRPN)? Zynga (ZNGA)?

Perhaps something seemed a little off when you logged on to your brokerage account and either couldn’t place an order or couldn’t get confirmation that your order was placed?

Congress couldn’t care less.

On Wednesday morning, the Senate Banking Committee’s subcommittee on Securities, Insurance, and Investment convened in a session entitled “Examining the IPO Process: Is It Working for Ordinary…

Congress to America: Sorry. Gone Fishin’ originally appeared on DailyFinance.com on 2012-06-23T12:00:00Z.

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