Friday, January 6, 2012

De-Puffing Carlyle IPO

NewsMax reported on 2012's stalled IPO market:

More than 200 companies have their IPO plans on hold, the biggest amount in about 10 years, according to Renaissance.

Investors are excited about a potential offering from Facebook. But people aren’t so excited about other companies waiting to go public, such as Toys “R” Us, Yelp, and the Carlyle Group.

Apparently Dan Weil isn't aware of the fealty required when addressing Carlyle's billionaire co-founders.  Carlyle has puffed its IPO for quite some time.  They don't need Weil to let the PEU air out of the bag.  PEU is my acronym for private equity underwriters.  How long before they become history