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E-Mails Cited to Back Lawsuit’s Claim
That Equity Firms Colluded on Big Deals
New York Times, by Peter Lattman & Eric Lichtblau
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Original Article
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Posted By:jeffreyabigail, 10/10/2012 10:04:27 PM
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| The private equity giants Blackstone Group and Kohlberg Kravis Roberts are longtime rivals that compete for multibillion-dollar deals. But during last decade’s buyout boom, according to newly released e-mails in a civil lawsuit accusing them of collusion, the two firms appeared to be on much cozier terms. In September 2006, for instance, Blackstone and K.K.R. were both circling the technology giant Freescale Semiconductor. After a Blackstone group outbid a K.K.R. consortium to buy Freescale for nearly $18 billion, Hamilton E. James, the president of Blackstone, e-mailed his colleagues
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Comments:
Another front-pager from the The Pravda Times web site. My favorite paragraphs:
“This industrywide case involves matters that occurred well after Mitt Romney left Bain Capital in 1999,” said Michele Davis, a spokeswoman for the campaign. “He had no role in investment decisions or operations after that date.”
But the shareholders’ lawyers in the case said that the allegations of collusion reflected on Mr. Romney because he reaped millions of dollars from profits that may have been illegally inflated by underpriced acquisitions.
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Reply 1 - Posted by:
veritas, 10/11/2012 12:43:46 AM (No. 8924655)
1. As far as I know, Blackstone's not trying to develop atomic weapons and long-range missiles, nor has KKR promised to eradicate Israel.
2. I'm sure the NYT has run far, far, far more stories on Holder and company and emails related to Fast and Furious and other give-guns-to-drug-cartels by the Obama administration.
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Below, you will find ...
Most Recent Articles posted by "jeffreyabigail"
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "jeffreyabigail"
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On a Day That’s Anything but Normal,
Obama Girls Appear Just That
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The New York Times, by Jodi Kantor
Original Article
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Posted By: jeffreyabigail- 1/21/2013 11:22:14 PM
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In an interview with student journalists, Michelle Obama used the word “normal” again and again last Friday in reference to her children. “I want them to be normal kids, just like you guys, polite and respectful and kind,” she said, according to 12-year-old Maggie McDow of Bexley, Ohio, who was reporting for Highlights Magazine. “I’m winning,” the first lady declared of her battle to give her children something resembling regular American girlhoods.
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Schumer Says He’s Satisfied
With Hagel on Mideast
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New York Times, by Jennifer Steinhauer
Original Article
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Posted By: jeffreyabigail- 1/15/2013 10:11:14 AM
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In a boon for the Obama administration’s efforts to advance the nomination Chuck Hagel as secretary of defense, Senator Charles E. Schumer of New York, the first senator to meet privately with Mr. Hagel, told President Obama Tuesday that he is optimistic that he could vote for Mr. Hagel’s confirmation based on his grilling of Mr. Hagel on a variety of issues pertaining to Israel and Iran.
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White Plains home on handgun
permit database burglarized
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News12 (Westchester, NY), by Staff
Original Article
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Posted By: jeffreyabigail- 1/13/2013 9:54:23 PM
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A White Plains home on handgun permit database burglarized. Officials say the target of the burglary was the homeowner´s gun case. Police are trying to determine if the break-in was a result of the homeowner´s name and address being published by the Journal News last month, along with thousands of other registered gun owners.
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As Partners, Mormons and Scouts
Turn Boys Into Men
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New York Times, by Erik Eckholm
Original Article
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Posted By: jeffreyabigail- 10/18/2012 11:55:29 AM
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In this hilltop suburb of Salt Lake City, where a vista of white spires signals a concentration of Mormons and their churches, it is a given that every boy will become a Cub Scout at 8 and then a Boy Scout at 11. With mutual exaltation of God and country and a shared aim of nurturing “morally straight” men with leadership skills and a service ethic, the Mormons and the Boy Scouts seem made for each other, as entwined as a square knot.
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E-Mails Cited to Back Lawsuit’s Claim
That Equity Firms Colluded on Big Deals
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New York Times, by Peter Lattman & Eric Lichtblau
Original Article
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Posted By: jeffreyabigail- 10/10/2012 10:04:27 PM
Post Reply
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The private equity giants Blackstone Group and Kohlberg Kravis Roberts are longtime rivals that compete for multibillion-dollar deals. But during last decade’s buyout boom, according to newly released e-mails in a civil lawsuit accusing them of collusion, the two firms appeared to be on much cozier terms. In September 2006, for instance, Blackstone and K.K.R. were both circling the technology giant Freescale Semiconductor. After a Blackstone group outbid a K.K.R. consortium to buy Freescale for nearly $18 billion, Hamilton E. James, the president of Blackstone, e-mailed his colleagues
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Number of Protestant Americans
Is in Steep Decline, Study Finds
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New York Times, by Laurie Goodstein
Original Article
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Posted By: jeffreyabigail- 10/10/2012 6:57:48 AM
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For the first time since researchers began tracking the religious identity of Americans, fewer than half said they were Protestants, a steep decline from 40 years ago when Protestant churches claimed the loyalty of more than two-thirds of the population. A new study released on Tuesday by the Pew Forum on Religion and Public Life found that it was not just liberal mainline Protestants, like Methodists or Episcopalians, who abandoned their faith, but also more conservative evangelical and “born again” Protestants.
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As Romney Repeats Trade Message,
Bain Maintains China Ties
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New York Times, by By Sharon LaFraniere and Mike McIntire
Original Article
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Posted By: jeffreyabigail- 10/10/2012 6:39:51 AM
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The tale of Asimco Technologies, an auto parts manufacturer whose plants dot eastern China, would seem to underscore Mitt Romney’s campaign-trail complaint that China’s manufacturing juggernaut is costing America jobs. Nine years ago, the company bought two camshaft factories that employed about 500 people in Michigan. By 2007 both were shut down.
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Battle for presidency remains
close in new CNN poll
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CNN, by Staff
Original Article
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Posted By: jeffreyabigail- 10/1/2012 6:28:26 PM
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Two days before the first presidential debate, a new national survey indicates a very close contest between President Barack Obama and Republican nominee Mitt Romney in the race for the White House. And according to a CNN/ORC International poll, neither candidate appears to have an edge on the economy, which remains the top issue on the minds of Americans and which may dominate Wednesday night's debate on domestic issues in Denver.
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Most Active Articles (last 48 hours)
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The Golf World Is Outraged That
Tiger Woods Didn´t Get Disqualified
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Business Insider, by Tony Manfred
Original Article
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Posted By: SoCalGal- 4/13/2013 1:56:27 PM
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Pro golfers, golf writers, and TV commentators are up in arms that Tiger Woods was only given a 2-stroke penalty for his illegal drop on the 15th hole yesterday. Tiger said last night that he dropped his ball two yards behind his previous spot, clearly violating the rule that you must drop "as nearly as possible" to your original spot. Golf people are not happy about it. They say that the new rule is B.S. (or it´s at least being misinterpreted), and Tiger should DQ himself to save the integrity of the game.
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From Dehumanizing Word
Games to Gosnell
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National Review Online, by Andrew C. McCarthy
Original Article
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Posted By: StormCnter- 4/13/2013 6:07:01 AM
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In Philadelphia, at a human abattoir on Lancaster Avenue, is where it ends, not where it starts. It starts with the perversion of language. It starts when the icons of a dissipated culture reduce a baby to a “fetus.” From there, Yeats’s blood-dimmed tide rolls rapidly in. Before long, a baby is not a person but a punishment, as President Barack Obama framed the matter in his familiar off-the-cuff iciness. Of course, to describe newborn children in their boundless possibilities and wonder would be to acknowledge, foremost, their humanity. That is why, instead, abortion enthusiasts must grope for words
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Obamacare Architect: Affordable
Care Act ´Beyond Comprehension´
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Breitbart´s Big Government, by Wynton Hall
Original Article
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Posted By: KarenJ1- 4/12/2013 9:51:16 PM
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Sen. Jay Rockefeller (D-WV), one of the architects of the Affordable Care Act, said on Tuesday that the healthcare law, set to go into full effect in less than eight months, is “probably the most complex piece of legislation ever passed by the United States Congress” and “is just beyond comprehension.” Rockefeller said he is concerned that early missteps with implementing the healthcare overhaul may cascade into confusion and chaos. The law, said Rockefeller, is “so complicated and if it isn’t done right the first time, it will just simply get worse.” Rockefeller’s consternation echoes comments made earlier this
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Philly Abortion Clinic
Workers Saw Few Options
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Associated Press, by Maryclaire Dale
Original Article
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Posted By: JoniTx- 4/12/2013 7:28:32 PM
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They say they were just doing what the boss trained them to do. But eight former employees of a run-down West Philadelphia abortion clinic now face prison time for the work they did for Dr. Kermit Gosnell. Three have pleaded guilty to third-degree murder. And Gosnell, 72, is on trial in the deaths of a patient and seven babies allegedly born alive. In testimony at the capital murder trial this past month, an unlicensed doctor and untrained aides described long, chaotic days at the clinic. They said they performed grueling, often gruesome work for little more than minimum wage,
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The Decline of Obama
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Weekly Standard, by Fred Barnes
Original Article
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Posted By: StormCnter- 4/13/2013 5:13:17 AM
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With President Obama, there’s always a catch. In the 2014 budget he announced last week, Obama proposed a more accurate way of calculating the inflation rate for annual cost-of-living increases in Social Security. It’s a technical change in pursuit of honesty and good government. And if adopted, it would cause benefits to grow more slowly, though almost imperceptibly so. Republican leaders in Congress ought to be delighted since they had “championed”—Obama’s word—the idea in the first place. Then came the catch. The president’s price for adopting this gentle reform was hundreds of billions in new tax increases.
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Leaving Blue New York, Boo-Hoo
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Irish Examiner USA, by Alicia Colon
Original Article
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Posted By: Drive- 4/12/2013 6:44:47 AM
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Only one of my six children has left New York for economic reasons but the strain of living in this expensive nanny state is weighing heavy on my other five and their families. As a native New Yorker, I´ve seen its middle class population decline over the years due to its neglect of blue collar families which is ironic since this is a Democrat city. With the recent arrests of several local politicians for corruption perhaps New Yorkers will pay more attention to those they put in office. Given their past indifference in local elections this is highly unlikely.
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1,500 Page Immigration Bill to Drop
One Day Before Only Hearing?
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Breitbart Big Government, by Matthew Boyle
Original Article
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Posted By: JoniTx- 4/13/2013 4:29:08 PM
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According to an ABC News report, senators from the bipartisan “Gang of Eight” pushing immigration reform are expected to drop their bill, estimated at around 1,500 pages, on Tuesday, mere hours before the only scheduled Senate hearing on the topic. “A bipartisan group of senators plans to introduce its long-awaited immigration bill on Tuesday, Senate sources confirmed to ABC News,” Jim Avila and Jordan Fabian wrote on Friday. “Four Democrats and four Republicans, known as the ´Gang of Eight,´ wrapped up months of hard-fought negotiations this week and will put forth a bill that includes a pathway
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Little Anthony Freemont´s
Twilight Zone is Our Reality
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American Thinker, by Doug Mainwaring
Original Article
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Posted By: Desert Fox- 4/12/2013 6:34:43 AM
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Remember little Anthony Freemont, played by cute little Billy Mumy, in one of the "Twilight Zone´s" most famous episodes? In the opening sequence Rod Serling informs us: "A monster had arrived in the village. Just by using his mind, he took away the automobiles, the electricity, the machines -- because they displeased him -- and he moved an entire community back into the dark ages -- just by using his mind. . . . and the people there have to smile. They have to think happy thoughts and say happy things because once displeased, the monster can wish them into a cornfield
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Boehner: I Don´t Need
GOP to Pass Gun Law...
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Breitbart´s Big Government, by Ben Shapiro
Original Article
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Posted By: KarenJ1- 4/12/2013 11:51:37 AM
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On Thursday, in the midst of ongoing national debate over prospective gun control and comprehensive immigration legislation, House Speaker John Boehner (R-OH) said that he didn’t need the approval of a majority of his own party to move forward with legislation. Referring to the so-called Hastert Rule, named after former House Speaker Denny Hastert (R-IL), which dictated that House leadership not bring up any bill for a vote without the support of a majority of the majority party, Boehner said, “Listen: It was never a rule to begin with.” Then, realizing the gravity of admitting
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Senate plan would make clogging
left lane a ticketable offense
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Tampa Tribune, by Bill Cotterell
Original Article
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Posted By: Hazymac- 4/13/2013 11:04:13 AM
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TALLAHASSEE - Picture this: You´re in the left lane of the interstate, driving a little below the speed limit, when some guy zips up behind you and swerves past you on the right. Then you notice the blue lights flashing. You´re savoring the satisfaction of seeing a trooper actually nab an aggressive driver — until you realize it´s you he´s pulling over. This could happen, if not very often, under a major transportation package expected to be taken up in the Senate Appropriations Committee next week. Introduced by Sen. Jeff Brandes, a St. Petersburg Republican, the bill is a 173-page
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Thatcher thought Britain
was worth fighting for
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Orange County Register (Ca), by Mark Steyn
Original Article
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Posted By: Desert Fox- 4/12/2013 5:58:55 PM
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A few hours after Margaret Thatcher´s death on Monday, the snarling deadbeats of the British underclass were gleefully rampaging through the streets of Brixton in South London, scaling the marquee of the local fleapit and hanging a banner announcing, "THE B@&$! IS DEAD." Amazingly, they managed to spell all four words correctly. By Friday, "Ding Dong! The Witch Is Dead," from "The Wizard of Oz," was the No. 1 download at Amazon UK. Mrs. Thatcher would have enjoyed all this. Her former speechwriter John O´Sullivan recalls how, some years after leaving office, she
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