http://blogs.reuters.com/reuters-dealzone/2007/12/04/daily-briefing-is-baosteel-for-real/ Behind the deals and deal-makers Fri, 5 Sep 2008 10:10:19 +0000 http://wordpress.org/?v=2.3.3 http://blogs.reuters.com/reuters-dealzone/2007/12/04/daily-briefing-is-baosteel-for-real/#comment-332573 Richard Tue, 04 Dec 2007 16:37:01 +0000 http://blogs.reuters.com/reuters-dealzone/2007/12/04/daily-briefing-is-baosteel-for-real/#comment-332573 I wonder if The Blackstone Group needs this IPO to offset losses due to the subprime crises. Last month their President and CEO Hamilton James made clear that the crises is not just media hype. The NewsVisual article illustrates that this company has a very experienced Board of Directors, and thus James’s comments about the severity of the subprime mortgage crisis must be taken seriously. I wonder if The Blackstone Group needs this IPO to offset losses due to the subprime crises. Last month their President and CEO Hamilton James made clear that the crises is not just media hype. The NewsVisual article illustrates that this company has a very experienced Board of Directors, and thus James’s comments about the severity of the subprime mortgage crisis must be taken seriously.

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