Tag Archives: private equity

Private Equity Boss Tells Greek Crowd They are Not Defined by Financial Markets

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Captured presidents, imploding LBOs

Stacy Summary:  Some blog posts I am reading this morning.

And speaking of LBO deals going bust.  Can’t say we didn’t predict it would happen . . .

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Downsizing 50 Cent, avoiding 50 percent & praying for bankers’ souls

Stacy Summary: First, Timmy Geithner has troubles selling his home nearby to where Max grew up and now 50 cent having problems selling his house in my hood – his house is less than a mile from my mom’s.  The thing is he bought the house for $4 million from Mike Tyson who bought it for I think it was $12 million.  Any signs of desperate times in your area?  I know in Paris it is DESOLATE – almost zero tourists.  While it’s nice to have the walk along the Seine almost entirely to ourselves many shopkeepers in our area say that they can last only another month or two if things do not change . . . .

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Headlines, Headlines, Headlines – 31 March 2009

Stacy Summary:  As the tide goes further and further out we are seeing that the financial oligarchs are basically wearing the taxpayers’ bathing suits, leaving us naked and exposed.  Probably explains our shocked collective embarrassed silence as more and more and more and more money gets handed calmly to the oligarchs.

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