Bloomberg describes how the SEC extracted key data from a reluctant Facebook (FB) prior to the...

|About: Facebook (FB)|By:, SA News Editor

Bloomberg describes how the SEC extracted key data from a reluctant Facebook (FB) prior to the company's IPO. The volley of emails between the sides "depicts a management team...still guessing at even rudimentary aspects of its business." Many of the issues "now unnerving investors were foreshadowed" in the correspondence, including about Facebook's mobile strategy.