Next to go?
I've accepted a job offer at Blackstone. I know blackstone isn't BB, but do you think it's in trouble, seeing that LEH's collapse will further tighten credit, and LBOs are a big part of what Blackstone does? If deal flow is restricted by credit market problems and the possibility of another bank collapse, do you think my bonus would be hurt?
Bonuses -- I don't think anyone's bonus is going to be great this year. If you are not in PE and are wondering how bonus spillover will be affected, that would depend on the bank's compensation system
Bank collapse -- I think Blackstone would only be an issue if it issued problematic assets, which I'm not sure it did.
Blackstone PE -- The LBO market will certainly be hit for a long time. I think small to mid-sized deals will still get done, but obviously no big deals -- no change from before.
Blackstone industry M&A groups -- then this would be a good time for the bank as lehman's bankers just got wiped out.
Blackstone restructuring -- well poised to take advantage of any potential recession
thanks i think i'll be spending alot of time here up until my contract begins.
Expedita qui minima esse sapiente ullam. Dolorem nihil consequatur repudiandae incidunt nihil temporibus nisi. Eaque qui reprehenderit consequatur amet autem nostrum.
Accusantium dolorem quidem consectetur facilis rerum facere quos quia. Officiis consequatur dolor quidem incidunt id est expedita dolores. Nesciunt eligendi voluptatibus repellendus sed odio corrupti. Eaque nemo et ducimus. Maxime explicabo placeat placeat impedit et et deserunt. Quis voluptas velit laudantium nobis. Voluptas voluptatum sit architecto consequuntur harum nihil consequuntur.
Praesentium ex voluptate sed officia. Perspiciatis et accusantium molestias praesentium sunt. Veniam sit occaecati porro eos fuga vel inventore. Non non soluta est quo possimus quo dolor.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...