Though Morgan Stanley (MS) and other i-banks have been salivating at the prospect of...


Though Morgan Stanley (MS) and other i-banks have been salivating at the prospect of underwriting Facebook's IPO, their haul may be smaller than expected. Sources tell Bloomberg Facebook's underwriters, desperate just to have their name attached to the deal, may collect fees as low as 1%-1.5% of the proceeds (currently pegged at $5B), well below the ~5% claimed for many other big tech IPOs.  (more on Facebook)

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