How Much Did Facebook?s Bankers Rake In For The Mega-IPO?

By David Zielenziger | May 24 2012 11:41 AM

Facebook (Nasdaq: FB), the No. 1 social network, didn't just set records for enriching inside investors like CEO Mark Zuckerberg, COO Sheryl Sandberg, Accel Partners and Digital Sky Technologies.

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The underwriting syndicate led by Morgan Stanley (NYSE: MS) collected a colossal $176 million in underwriting fees, Facebook filings with the U.S. Securities and Exchange Commission show.

The biggest slice will be taken by Morgan Stanley, followed by JPMorgan Chase (NYSE: JPM) and Goldman Sachs (NYSE: GS), with the rest spread among the 30 others including Bank of America (NYSE: BAC), Barclay's (London: BARC) and Allen & Co.

Meanwhile, just by stabilizing Facebook shares Friday, when they plunged in opening trades, Morgan Stanley made another $100 million. Morgan Stanley shares traded at $13.34 on Thursday, down about 1 percent since Friday. Its value is $26.3 billion, compared with Facebook's $68.1 billion.

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