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May 24th, 2012
09:28 AM ET

MYB: Facebook fiasco continues to grow

The New York Stock Exchange is courting Facebook, hoping to convince the social network to leave NASDAQ after a rocky public start.

According to the Wall Street Journal, the NYSE has been emailing with Facebook saying that they are better for trading because they use people, not computers.

The social network is also dealing with investor outrage, with at least three people are suing Facebook and its underwriters and accusing them of withholding information before the IPO launch.

In today's Minding Your Business, Mary Snow explains why the technical issues with NASDAQ are only the start of Facebook’s problems.

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