Allowing high-frequency computer traders into the stock market is like letting “rats in the granary,” Warren Buffett’s right-hand man said in an exclusive CNBC interview.
There are plenty of reasons Facebook's IPO had a disappointing debut on Friday, but new information is emerging on why the stock selloff nearly turned into a run on Monday.
"When all the parties to a transaction are greedy, this is the kind of outcome you can expect," the leader of the Vanguard Group said of the Facebook IPO.