Between Facebook and JPMorgan, Wall Street’s woes mount

  • By CHRISTINA REXRODE and PALLAVI GOGOI
    Associated Press
  • Thursday, May 24th, 2012
  • Text size: A A A
In another black eye for Wall Street, regulators are examining whether Morgan Stanley — the investment bank that shepherded Facebook through its highly publicized stock offering last week — selectively informed clients of an analyst’s negative report about the company before the stock started trading.

In another black eye for Wall Street, regulators are examining whether Morgan Stanley — the investment bank that shepherded Facebook through its highly publicized stock offering last week — selectively informed clients of an analyst’s negative report about the company before the stock started trading.