Fake Steve R.I.P.
The news about Daniel Lyon is a tragedy that I can understand.
But Bob Nardelli?
If the Blackstone IPO wasn't enough to convince the market that private equity had reached a top, Cerberus deciding that Bob Nardelli is the best executive in America to revitalize Chrysler should remove all doubt.
At least Cereberus kicks things off with an eye towards efficiency:
the announcement serves double duty as both press release and punchline.
best
dk
2 comments:
Heck, remember Mark Haines and Erin Burnett just giving us Blackstone updates every few seconds on IPO day? Ridiculous!!!
That IPO was quite a day...and the high for the stock to date -lol.
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