• Vanguard
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  • Gaël Saillen
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Schmuck insurance Schmuck options

28 avril 2005, 0h00
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Private equity firms are still making companies and investors look like dolts or, to use the Yiddish, schmucks. Just months after acquiring assets from them, leveraged buyout firms are managing to pass them off to the public markets, generating outlandish returns. Just this week brings news of another quick-flip from Blackstone, which has led the trend in generating gains from assets it has owned barely long enough to change the stationery. Blackstone kicked off the IPO of New Skies Media, the ...
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