Nasdaq said in a regulatory filing today that it expects to incur “significant additional expenses” as a result of a technical glitch at the exchange during Facebook’s initial public offering, which in truth, was not so hard to see coming: Nasdaq has been revising upward the costs associated with the botched IPO from the very beginning. The sources of those costs: nine lawsuits, a Securities and Exchange Commission Investigation and, uh, “technical changes and remedial measures” to make sure this kind of thing never, ever happens again. Read More