Goldman banker's relief

Capsules

Phew.

MarketWatch reports that that was the reaction Goldman Sachs banker Anthony Noto to Twitter’s first hour of trading through a Tweet.

Noto was tasked with executing the much-hyped initial public offering of Twitter. The one-liner summed up the collective reaction of the New York Stock Exchange executives and open-outcry traders who were at pains to show they could succeed where the rival Nasdaq Stock Market - and the super-speed computers that have winnowed the ranks of floor traders - had failed during Facebook botched debut last year.

Twitter started trading Thursday with a more than 75% surge and a lot of comparisons - ok, call it schadenfreude - to Facebook.

'It went beautifully', said Ben Willis, a trader with Albert Fried & Co. at the NYSE Euronext’s NYX New York Stock Exchange . 'We got to show the rest of the world that we can handle an IPO'.

To access the complete MarketWatch article hit the link below:

Goldman Sachs banker reacts to Twitter IPO: Phew... and other reaction

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image: © West McGowan

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