peHUB Second Opinion 12.12

Layoffs at Blackstone: Seventy jobs, 7% of employees, affecting most of the business units. (Bloomberg) Do You Really Need an MBA: Surprisingly, MBAs in PE are not as common as you'd think, according to PEdatabase. Check out their mildly unscientific study, which shows only 39% of private equity CEOs and only 42% of Partners have an MBA. (Private Equity Database) Bloggers Influenced The Palin Pick: So why can't they influence a billion-dollar merger? Between Google and The New York Times... (Dealscape) Bigger than Enron: Angry clients stormed the Madoff Headquarters this morning, Clusterstock has the Google street view image.

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