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Nasdaq OMX chairman backs CEO after Facebook fiasco

H. Furlong Baldwin says the company is 'a far stronger and better company' as a result of chief executive's Bob Greifled's stewardship

The chairman of Nasdaq OMX expressed support for the exchange group's chief executive Tuesday, days after Nasdaq OMX's mishandling of the Facebook share offering Friday sparked confusion and anger across Wall Street.

Nasdaq OMX's board met a day after the Facebook debacle to discuss the fallout. Chief executive Bob Greifeld told reporters Sunday that he hoped his position was secure following the high-profile episode.

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