$$$ Private Equity Makes Return To IPO Game [WSJ]
$$$ Buyout Billionaire Alec Gores Said to Prepare Offer for Dodgers [Bloomberg]
$$$ “Zoia said hedge fund job-seekers should look where institutional investors are putting their money to determine where hedge funds might want to add talent. For every $1 billion in new assets for an established fund, a manager will typically hire about 15 employees, he said, although the amount of hiring depends on the nature of the strategy.” [FINS]
$$$ The two shared an almost frat-boy-like camaraderie. Mr. Drapkin playfully called diminutive and balding Mr. Perelman “the Dwarf” or “the Putz.” Mr. Perelman shot right back, calling his partner “the Asshole.” [Crain's]
$$$ And Now, A New York City Subway Cat-Fight [Gawker]
$$$ AIG CEO Gets Good Prognosis, Will Stay Until 2012 [CNBC]
$$$ SEC Division of Risk, Strategy, & Financial Innovation Could Use A Few Good Men… [SSA]
$$$ SEC looks at Cahill, Goldman Sachs link [Boston Globe]
So he gets a Nobel Prize and has invented the internet…..and now he’s buying the the Dodgers?? The man is incredible!
Nothing like a good cat fight video to get the day started, as my Momma used to say.