We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

You can't fool the public

26 June 2007 By Lauren Silva

Just minutes into its third trading day, the private equity firm s shares dropped below their offer price. That shouldn t be too surprising. Founder Steve Schwarzman pushed the envelope in every way: valuation, size of the offering, governance. There’s probably further to fall.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)