Comments on: Blackstone shares drops below $20 http://blogs.reuters.com/reuters-dealzone/2008/01/08/blackstone-shares-drops-below-20/ Behind the deals and deal-makers Fri, 22 Aug 2008 01:07:40 +0000 http://wordpress.org/?v=2.3.3 By: Mike http://blogs.reuters.com/reuters-dealzone/2008/01/08/blackstone-shares-drops-below-20/#comment-332797 Mike Wed, 09 Jan 2008 17:09:55 +0000 http://blogs.reuters.com/reuters-dealzone/2008/01/08/blackstone-shares-drops-below-20/#comment-332797 Another example of a stock and/or company being out of favor and the press having a field day with it. Seems LBOs have been around a lot longer than 5 years. Another example of a stock and/or company being out of favor and the press having a field day with it. Seems LBOs have been around a lot longer than 5 years.

]]> By: Richie http://blogs.reuters.com/reuters-dealzone/2008/01/08/blackstone-shares-drops-below-20/#comment-332764 Richie Tue, 08 Jan 2008 03:29:07 +0000 http://blogs.reuters.com/reuters-dealzone/2008/01/08/blackstone-shares-drops-below-20/#comment-332764 Citadel has backed ETRADE Financial with $$billions. Are they the next take over target for the Citadel Investment Group? It seems like it might be well worth it for them considering what they have done already for them. This was posted on ETRADE web site: "This morning we announced that E*TRADE FINANCIAL has strengthened its capital position and eliminated exposure to the types of mortgage securities that have been generating business losses, as well as headlines, over the last several months. This has been accomplished through a strategic transaction with affiliates of Citadel Investment Group. As part of this transaction, E*TRADE has received a $2.5 billion capital infusion. This transaction, led by affiliates of Citadel, not only strengthens our capital position but also represents a significant vote of confidence from one of the world's leading investment firms. Further, Citadel has removed the entire $3 billion asset-backed securities portfolio from the Company's balance sheet, solving our most significant balance sheet issue. Citadel understands we have been faced with a challenged balance sheet, not a challenged business. Citadel has backed ETRADE Financial with $$billions. Are they the next take over target for the Citadel Investment Group? It seems like it might be well worth it for them considering what they have done already for them. This was posted on ETRADE web site:

“This morning we announced that E*TRADE FINANCIAL has strengthened its capital position and eliminated exposure to the types of mortgage securities that have been generating business losses, as well as headlines, over the last several months. This has been accomplished through a strategic transaction with affiliates of Citadel Investment Group.

As part of this transaction, E*TRADE has received a $2.5 billion capital infusion. This transaction, led by affiliates of Citadel, not only strengthens our capital position but also represents a significant vote of confidence from one of the world’s leading investment firms. Further, Citadel has removed the entire $3 billion asset-backed securities portfolio from the Company’s balance sheet, solving our most significant balance sheet issue. Citadel understands we have been faced with a challenged balance sheet, not a challenged business.

]]>