Jonathan Keehner
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UPDATE 5-Blackstone earnings fall 86pct in tough market
NEW YORK, March 10 (Reuters) - U.S. private equity and real estate company Blackstone Group LP <BX.N> posted a worse than expected 86 percent decline in earnings on Monday, citing tough market conditions and a write-down of bond insurer FGIC, and said ... Full Article
Lazard CEO gets $22.8 mln in compensation in 2007
NEW YORK, March 10 (Reuters) - Lazard Ltd <LAZ.N> said on Monday that Chairman and Chief Executive Bruce Wasserstein was awarded about $22.8 million in compensation in 2007, up 54 percent from a year earlier, as the company reported record annual ... Full Article
UPDATE 1-Lazard CEO gets $22.8 mln in compensation in 2007
NEW YORK, March 10 (Reuters) - Lazard Ltd <LAZ.N> said on Monday that Chairman and Chief Executive Bruce Wasserstein was awarded about $22.8 million in compensation in 2007, up 54 percent from a year earlier, as the company reported record annual ... Full Article
Blackstone says tough conditions hit results
NEW YORK (Reuters) - Private equity and real estate company Blackstone Group LP <BX.N> posted a dive in earnings on Monday which were lower than analysts expected, citing tough market conditions and a write-down of bond insurer FGIC, and said it ... Full Article
Commercial borrowing shifts to Fannie, Freddie
NEW YORK (Reuters) - Big apartment and condo investors, who are having trouble financing purchases in the bond markets, are increasingly turning to government-chartered mortgage funders Fannie Mae <FNM.N> and Freddie Mac <FRE.N>. Full Article
Buyout firms put energy infrastructure in pipeline
NEW YORK (Reuters) - Private equity firms are snapping up energy infrastructure assets like pipelines and storage facilities, which are some of the few buyouts likely to attract financing as credit markets remain in a deep freeze. Full Article
MBIA sees meeting '08 operating cash requirements
NEW YORK (Reuters) - MBIA Inc <MBI.N> anticipates that its cash flow from operations and capital resources will meet its estimated operating cash requirements in 2008, according to a filing on Friday. Full Article
Home-building shares up on buyout rumor
NEW YORK (Reuters) - Shares of U.S. home builders rose on Tuesday on rumors that a group from the United Arab Emirates has offered to buy Lennar Corp <LEN.N>, the second largest home builder, and on upbeat remarks by real estate tycoon Sam Zell, ... Full Article
Zell sees spring housing market recovery -- CNBC
NEW YORK, Feb 26 (Reuters) - Billionaire investor Sam Zell, sees a U.S. housing market recovery this spring, he said on CNBC on Tuesday. Full Article
For blank-check IPOs, popularity comes at a price
NEW YORK (Reuters) - Blank-check companies have been some of the hottest initial public offerings in recent months, but hedge funds with an eye for profit may be short-circuiting them, a trend that could end up stunting the IPO market. Full Article
