Wall Street's Dislike Button

I delegate to broker Charles
All choices for securities.
No need to manufacture quarrels
About what I deem mysteries,
Including Facebook’s IPO.
About which this I’d like to know:

So what if Wall Street gave a care
That Morgan Stanley, Facebook’s bank,
Set high, at thirty-eight a share,
The lead-off price so profits shrank
On Day One when insiders guessed
They’d sell and fill their treasure chest?

That happens when the price accrues
For stocks set purposefully low.
For favored brokers, yummy news!
The firm that’s going public, though,
Gets less per share and overall
With them it’s got to split the haul.

So what’s wrong that their money went
To Facebook? Wasn’t that the thrust?
Some sixteen billion dollars meant
To do what social networks must:
Connect the world, not fund the few.
Or have I too naïve a view?