peHUB Second Opinion 6.5
Book Smart vs. Street Smart: "White-collar fugitives often fail to escape the law because of what prosecutors and bounty hunters say is a lack of preparation for the rigors of life on the lam." Brilliant. (Bloomberg) Showdown!!! Venture Capitalists are about to turn in private equity players: "The venture capital industry is gearing up to fight against raising the tax on carried interest. A key battle is differentiating itself from the private equity industry." (Bits) Rate Shopping: The nerve. Moody's is complaining that TALF is causing issuers to "shop" for credit-ratings, or seek the highest ratings with the lowest standards, according to Moody's Corp. (Bloomberg) Forced Default: Clear Channel's lenders want a forced default. Ouch. (FT) Closer Look: "The Worrying Wall of Debt" (The Deal) Movie Stars: They've casted a man to play Bernie Madoff in an upcoming movie. (Cityfile)
