“When you have a chance I wanted to find a time to discuss a highly confidential and time sensitive investment opportunity in a private company that is considering a transaction to raise additional capital.
Archive for January 2011
Yes, everyone’s had their knickers in a twist since Monday over Goldman’s $450 million investment in Facebook but Charlie Gasparino says back that truck up– Lloyd Blankfein may have made the rookie mistake of listing himself in a relationship too soon, according to one of two sources. Continue reading »
If Tiger Global bought an approximate 3 percent stake in 2009. In related news, TG-seeder Julian Robertson has made at least $50 off his MySpace bet. [BI]
Despite just last month receiving the official word that bonuses will be down ten to thirty percent (at best) this year, Morgan Stanley employees have been girding their loins for the bad news since at least September. With a few weeks to go ’til real numbers are communicated, they’re at the ‘just rip it off already’ stage. And bonuses are not the only thing they’re waiting on. Continue reading »
“Lend not unto him that is mightier than thyself; for if thou lendest him, count it but lost. ” Continue reading »
How Fast Do We Think Connecticut Investment Manager Russell Stildolph Was Going When He Launched His Porsche 35 Feet In The Air?
By Bess Levin
Russel Stildolph is a Norwalk resident and the founder and Managing Director of Connecticut-based AltEnergy, a clean energy-focused private equity fund. Maybe you’ve taken meetings with him or seen him around downtown; if you have, you probably didn’t know that Stildolph has a secret. And that secret is simply this: he ownsleases a flying car. Continue reading »
Fed May Keep Easing at `Full Throttle’ Until Jobless Rate Falls (Bloomberg)
“Right now it looks like the unemployment rate is the whole ball of wax,” said Ward McCarthy, chief financial economist at Jefferies & Co. in New York. “The majority just wants to keep going full throttle, and keep policy as accommodative as possible.”
Goldman Employees Blocked From Facebook Get Tutorial (Bloomberg)
David Ebersman, Facebook’s chief financial officer, walked members of the bank’s private wealth-management group through the basics during a presentation at Goldman Sachs’s San Francisco office yesterday, including how to tag a photo, poke a friend, or stalk your ex.
Facebook Deal Spurs Inquiry (WSJ)
The review is at an early stage, these people cautioned, and SEC officials looking at the recent deals haven’t concluded that any of them run afoul of the 47-year-old rules governing private companies. The rules require firms with 500 or more shareholders of record in a given type of stock to publicly disclose certain financial information. The requirement is designed to protect investors from risking money on companies that say little about their operations and performance.
Hank Greenberg: Why Did We Nationalize AIG? (WSJ)
Hank and Snowball want answers.
Giant tuna fetches record £250,000 at Tokyo auction (Telegraph)
The fish weighed in at 342 kg and was caught off the most northerly Japanese island of Hokkaido. The price far surpassed the previous record of Y20.3 million (£158,807) set in January 2001 for a 202-kg tuna. Continue reading »
$$$ Blackstone’s Wien Offers His ‘10 Surprises‘ For ’11 [FINalternatives]
$$$ Goldman’s ‘friends’ get a week to mull Facebook bet [Reuters]
$$$ Morgan Stanley Names Strategist Jim Rosenthal COO [WSJ]
$$$ Citibank fraud: FIR against CEO Vikram Pandit, others [ET] Continue reading »
Pop quiz, kids. Do you have a short list of people you can call in the event you need someone to provide bail, to wriggle you out of a dicey situation, or to speak to your character with authority/otherwise vouch for you? I know I do and all of them are individuals who are wealthy, influential and/or good with a wrench. They can also hold their liquor. Which is to say, they are not Ken Lewis. I don’t know, he’s just not a person I would’ve ever thought to go to for help if I were in any sort of bind. Would probably go to Stan O’Neal or Dick Fuld first (don’t discount his ability to rappel down the side of a building). Continue reading »
