What impact does Facebook's plunge have on the psyche of the retail investor? Legendary investor and founder of the Vanguard Group, Jack Bogle, offers insight. "It all comes down to value and it all goes away from price, and avoiding IPOs and avoiding even individual stocks is the best strategy for investors," Bogle says.
“The SEC has to look at this – it’s bizarre," says Henry Blodget on Halftime. "How can you have an estimate cut in the middle of a road show and not have that communicated widely?”