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BREAKING NEWS FROM CNBC’S SCOTT WAPNER: SOURCES TO CNBC – NASDAQ MAKING AGGRESSIVE PUSH TO STEM FACEBOOK DAMAGE

ALL REFERENCES MUST BE SOURCED TO CNBC.

SCOTT WAPNER: OBVIOUSLY OVER THE LAST SEVERAL DAYS THERE HAS BEEN SO MUCH SPECULATION ABOUT THE FALLOUT FROM THE FACEBOOK IPO AND WHAT ULTIMATELY IT COULD MEAN FOR THE NASDAQ EVEN AMID REPORTS THAT FACEBOOK MAY BE CONSIDERING A MOVE TO THE NEW YORK STOCK EXCHANGE. HERE’S THE LATEST WHAT I CAN TELL YOU CNBC HAS LEARNED THAT NASDAQ EXECUTIVES ARE MAKING AN AGGRESSIVE, BEHIND THE SCENES PUSH TO TRY AND STEM THE DAMAGE FROM THE FACEBOOK IPO. A SOURCE WITH DIRECT KNOWLEDGE OF NASDAQ’S EFFORTS SAYS EXECUTIVES HAVE MADE “DOZENS AND DOZENS” OF PHONE CALLS OVER THE PAST SEVERAL DAYS TO BANKERS, FINANCIAL SPONSORS, COMPANIES THAT HAVE COMMITTED ALREADY TO NASDAQ AND THOSE THAT ARE CONSIDERING A POSSIBLE LISTING. THE SOURCE SAYS NASDAQ OFFICIALS ARE “CONCERNED” ABOUT THE POSSIBILITY OF FACEBOOK LEAVING FOR THE NYSE AND BELIEVE THE FALLOUT FROM THE IPO COULD HAVE A LASTING IMPACT ON ITS ABILITY TO LURE COMPANIES TO LIST ON THE EXCHANGE IN THE FUTURE. STILL – THE SOURCE SAYS NASDAQ EXECS ADMIT THEY WON’T KNOW THE TRUE IMPACT “FOR MONTHS.” A LOT OF SPECULATION AS WELL OVER THE LAST SEVERAL DAYS OVER CEO BOB GREIFELD WHETHER HE STILL HAS THE SUPPORT OF THE BOARD I CAN TELL YOU AT LEAST FROM MY CONVERSATIONS HE HAS INTERNAL SUPPORT WITH THE SOURCE TELLING ME THAT HE HAS THE SUPPORT OF THE EXECUTIVE TEAM. CARL A NUMBER OF PEOPLE HERE AT CNBC HAVE REACHED OUT TO BOARD MEMBERS OF THE NASDAQ AND HAVE GOTTEN NO COMMENT. I HEARD FROM ONE THIS MORNING WHO WAS SIMPLY REFERRING ME RIGHT BACK TO NASDAQ OFFICIALS. SO THAT’S WHERE WE STAND AT THIS TIME.

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