Can Facebook IPO Help Solve a State Budget Crisis?
Flathead Beacon Headlines
February 02, 2012 8:23 PM
Headlines across this state are trumpeting the news: The Facebook initial public offering (IPO) – a stock sale that could happen as early as May – will help close the state’s budget gap.
The Sacramento Bee says state officials are “giddy over the prospect of Facebook money helping California dig out of a $9.2 billion deficit.”
