The Case Of The Missing Private Equity Kings

Posted by John Carney, Sep 05, 2007, 3:14pm

KKRIPOPULLED.JPGFirst Steve Schwarzman went missing.

And now Henry Kravis has disappeared. He’s cancelled an October 2nd breakfast talk he was scheduled to give at the New York Public Library, according to Deal Journal’s Dana Cimilluca. No one is saying why. KKR is refusing to comment. The NYPL isn’t returning calls.

So what happened? “The cancellation means Kravis doesn’t have to explain why his firm apparently still plans to go forward with the IPO plan, when things have gotten a bit ugly for the private-equity industry,” Cimilluca writes.

We suppose it could be a move to avoid awkward IPO questions. Or it maybe he got the memo from his fellow private equity poobahs that all this publicity the business has been getting lately hasn’t worked out so well. It’s got the attention of lawmakers and the attendant political leaching class, for one thing, who want to claw and paw their way into private equity profits with taxes and extracted political donations.

Kravis Follows Schwarzman Underground [Deal Journal]

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Posted in: Henry Kravis

Comments

1

Posted by Huked on Foniks, Sep 05, 2007 3:50PM

"...who want to clawing and pawing their way into private equity profits with taxes and extracted political donations."

...another nauseatingly annoying grammatical error from JC. seriously dude, you go to state school?

2

Posted by , Sep 05, 2007 4:30PM

@3:50 - Did you go to dbag anal-retentive cockgoblin school?

3

Posted by , Sep 05, 2007 4:38PM

lol


"cockgoblin"

4

Posted by ccs, Sep 05, 2007 5:28PM

shouldn't that be "cock-gobblin'?"

5

Posted by Fake John Carney, Sep 05, 2007 8:35PM

Actually, cock-gobblin' would be indicative of the word being used as a verb. I think our piss ant poster was using it as a noun, in which case it would be goblin.

If you were half as smart as JC maybe you'd be on TV and people would give half a fuck about what you thought. Dipshit.

6

Posted by Foniks is Right, Sep 05, 2007 10:41PM

No, if that were the original copy, then JC should have immediately posted a comment saying 'thanks' after fixing it.

I bet Anonymous @ 4:30 went to a state school. He's got that bitter, resentful streak that most state school also-rans inherit upon graduation. Why people refuse to reach for the stars -- then get pissy about their lack of ambition -- is beyond me. Suffer merrily in your self-loathing!

7

Posted by , Sep 06, 2007 1:43AM

If anon 4:30 is who I think it is, he did go to a state school (undergrad) but definitely does not suffer from lack of intelligence, ambition, or alcohol tolerance.

8

Posted by kurtosis, Sep 06, 2007 10:36AM

There's some confusion here. Say you believe 99% of state school students are dumb versus 80% of private schools students. And say most people went to state schools. Then, if you hear a dumb comment, the most likely source is someone who went to a state school.

It doesn't mean there are no idiots at private schools. It doesn't mean there are no Einsteins at state schools. It's straight-up Bayesian statistics. I would hope sophmore-level intro stats isn't too high-falutin' for y'all.

9

Posted by kurtosis, Sep 06, 2007 10:46AM

And as soon as I can spell 'sophomore', I too will graduate from state school!

10

Posted by frushman, Sep 06, 2007 1:37PM

hahahaha good call kurtosis!

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