CW 269: Facebook IPO Scandal & the SWOT Analysis of Income Property

Jason Hartman starts with a discussion about the recent Facebook IPO scandal. Morgan Stanley and the other IPO underwriters gave the bad news to their big clients about Facebook having a bad quarter but didn't bother to tell their financial advisors and individual clients about this - more bad behavior on Wall Street?

Short Bloomberg News clip. What would Eliot Spitzer think of Morgan Stanley CEO James Gorman?