peHUB Second Opinion 12.1
The Odd Story of A Self-Important Dad: AKA Skip McGee III, the former head of investment banking at Lehman Brothers. He's written a ridiculous letter to his kid's school and Dealbreaker got wind of it... (Dealbreaker) PE Salary Freeze! Roughly six in 10 private-equity firms have frozen salaries or are considering doing so in the future. (Deal Journal) Speaking of PE HR: Clusterstock has a take of the grueling process to get hired at a buyout firm. But frankly, as I read it, I had to agree with some of the commenters-the process seems pretty standard. If you can't describe and model an LBO, why are you applying to work at a buyout firm? (Clusterstock) PR Problem: Following the Goldman Sachs' take-down in Rolling Stone earlier this year, Vanity Fair has a new profile of the firm and its not necessarily flattering. (Vanity Fair) And: Deal Journal piles on, writing that the "PR hits keep coming." (DJ)
