Quote of the week

"[People] don’t expect retirement to begin with social security and sit on the back deck in a lounge chair for the rest of their lives. This group really wants to remain active."

Jeff Cimini, head of personal retirement at Merrill Lynch

Weekly Poll

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There have been problems with the social media site’s stock float since shares began trading last Friday; there was a Nasdaq glitch that delayed trading by half an hour. Meanwhile, it was reported on Monday that an analyst at Morgan Stanley cut his revenue forecasts for Facebook in the days before the IPO, a fact of which investors may have been unaware.

Rick Ketchum, head of the Financial Industry Regulatory Authority, said yesterday that the IPO was "a matter of regulatory concern" for his organization and the Securities and Exchange Commission.

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