Monday, March 2, 2009

Front Running: March 2

  • It's official - record book loss of $61.7 billion at AIG (Reuters)
  • The most powerless powerful man on Wall Street (NY Magazine)
  • KKR Private Equity Says Holdings Lost 32% (WSJ)
  • ...Also KKR reevaluating KPE fund takeover (Reuters)
  • Eastern Europe stocks, currencies tumble as EU rejects aid plan (Bloomberg)
  • TPG attempts to provide DIP financing to its own bankrupt Aleris (FT)
  • Porsche's hedge fund gains more than make up for operating losses (Bloomberg)
  • Japan's crisis of the mind (NYT)
  • Edward Altman says on Bloomberg Radio interview that "Citi will survive" (Bloomberg)

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