Skip to: Content
Skip to: Site Navigation
Skip to: Search

October 11, 2008 11:43:54 AM CDT


Stories related to: Blackstone

Stories

4 Stories

  • September 2008
    • WaMu Looks to Private Equity as Bank Teeters

      WaMu Looks to Private Equity as Bank Teeters

      (Newser) - Washington Mutual is hoping private equity will save the bank after its efforts to broker a sale to another financial institution came to nothing. Both the Carlyle Group and Blackstone are considering a takeover of WaMu, insiders tell the Wall Street Journal , although a deal is not yet assured. Many banks, from Santander in Spain to JPMorgan Chase and Citibank, have been reluctant to take on WaMu's troubled loans. More »

      Tags

      private equity   takeover   Washington Mutual   Carlyle Group   WaMu   Blackstone

  • November 2007
  • October 2007
  • September 2007
    • Blackstone Lobbying Backfires

      Blackstone Lobbying Backfires

      (Newser) - Private equity firms launched their first coordinated effort at lobbying this year—and overshot by a long stretch, Bloomberg reports. Blackstone and 11 other firms joined hands to fight a tax hike on carried interest—fund managers' share of profits—and have gone so far as to argue that the lower rate they enjoy spurs development in poor communities. As one GOP  congressman put it, "When they start talking about women and children, they're overreaching.'' More »

      Tags

      lobbying   Charles Rangel   House Ways and Means Committee   Blackstone   Magic Johnson

4 Stories

Today's Most Popular

Loading...

Premium Articles from HighBeam

Find more articles like this

What is Newser?

2008 Codie Finalist

Newser gives you more news in less time. We search for the best and most important stories all over the web, read them for you, and deliver concise and sharp summaries—along with links to the full text. Newser provides a way to stay on top of an ever-expanding horizon of news and opinion—politics, sports, business, trends, technology, personalities, crimes, and controversies. Newser keeps you not just better informed, but, with our signature graphic interface and smart condensed format, more enjoyably informed.

Learn more »