Blackstone Group, the Misunderstood Teen
Blackstone Group's shares haven't looked so hot since the firm went public in June 2007. No secret there. That's due to a lot of things, including the fact that investors aren't really sure what to make of the public private equity giant. Steve and Tony have lodged a handful of "the market doesn't understand us" comments, mostly in reference to leverage or mega-buyouts, but to their credit, they haven't been crying us a river like some whiny CEOs I know. And why should they, when they've got analysts to do their dirty work?
2 December 2009•2 mins read
