peHUB Second Opinion 9.10.08

The Daily Deal: TPG’s $2 billon investment in WaMu looks bad, as its stock along with most financials plunged this week. But I disagree with the article’s assertion that a dismissed CEO is a cause for alarm. That move has been known to make a company’s stock rise in some cases. Either way, the point is, TPG’s lost $1.2 billion in a matter of days. PE Insider: Ventures West, one of the largest VC firms in Canada, is cutting its staff, including part time consultant and infectious greed blogger Paul Kedrosky. However, he didn’t blog about it. Dealbreaker: Is asking, ‘who’s next?’ Sad that I don’t even need to specify what they’re talking about to know. ...

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