giant write-downs: What did it know, and when did it know it?
M&A Biz Provides No Relief: You thought Blackstone was an M&A advisory
shop as well as a private-equity firm? Turns out, not so much. Also:
posts loss from IPO charges: "Blackstone is starting to go long the
subprime market". Is that smart, given its extant commercial real-estate
exposure?
Roubini’s latest recession call: "Expect Q4 growth to be 1% or below
and this growth further to accelerate into negative territory by H1 of 2008."
Is this a meme? Me,
on November 4: "In the Sachs vs Easterly debate, I come down on the
side of, shall we say, Paul Collier." Jagdish
Bhagwati, on November 7: "I disagree with Sachs and Easterly, for opposed
reasons… I am more in tune with Paul Collier".
Saudi Prince Alwaleed Buys a Private
A380
11 most bicycle-friendly cities in the world: The USA does surprisingly
well, with four. Interestingly, San Francisco comes in 8th, despite its hills.
Prada fuels Senegal’s Muslim brotherhood