Wall Street clicks ‘like’ on Facebook IPO

Filed under: AM Roundup |

Wall Street could get a boost from Facebook’s anticipated initial public offering – and that could mean chaos for investors and big fees for brokerages.

Facebook is expected to file papers any day now, reports the Los Angeles Times.

Beyond minting 1,000 new billionaires, Facebook also will generate $250 million in fees to brokerages.

Read more at the Los Angeles Times.