Facebook Tells Bankers to Keep Quiet Before IPO [VIDEO]

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Facebook Tells Bankers to Keep Quiet Before IPO [VIDEO]

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You'd expect that it would be the other way around: Staid bankers would be reeling in those freewheeling kids at Facebook. However, the reverse appears to be true.

The New York Post is reporting that Facebook CEO Mark Zuckerberg has told Morgan Stanley, Goldman Sachs, JPMorgan Chase and the other banks involved in his company’s $75 billion to $100 billion IPO to stop leaking details to the press about the upcoming event.

As previously reported, Zuckerberg wants Facebook to be seen as a blue chip company and a disciplined one at that. Luckily for Zuckerberg, he's got a big stick to wield: He could always boot one of the companies from Facebook's IPO or tar a bank's image with other techies if they step out of line.

Check out the video above to learn more.

Mark Zuckerberg's letter in the IPO documents revealed some interesting tidbits. Check out what he had to say, in the slideshow below.

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