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(Some Guy)
The Carlyle Group takes another shot at ruining America
(
delawareonline.com
)
13
More:
Followup
,
IPO
,
securities laws
,
arbitration clauses
,
U.S. Securities and Exchange Commission
,
shareholders
• • •
2260
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on
20 Jan 2012
at
8:30 AM
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arte1953
2012-01-20 08:43:32 AM
Looks like Carlyle Group wants to start screwing the shareholders extra early, namely when they go public, rather than a few years later, after they've tanked the company.....
NewportBarGuy
2012-01-20 09:27:09 AM
Cashing out, eh? Those things really only seem to work when it's the partner's money they are gambling with. No thanks.
Debeo Summa Credo
2012-01-20 09:35:04 AM
arte1953
:
Looks like Carlyle Group wants to start screwing the shareholders extra early, namely when they go public, rather than a few years later, after they've tanked the company.....
Since they haven't gone public yet, anybody who buys shares will do so knowing that they are agreeing to arbitration. I don't see an issue here.
NewportBarGuy
:
Cashing out, eh? Those things really only seem to work when it's the partner's money they are gambling with. No thanks.
Yeah, count me out too. These guys (and Blackstone and KKR, etc) are supposedly foremost experts at identifying undervalued assets, then selling them when they are fully or overvalued. Why is it a good idea to buy a piece of them - the asset they are most familiar with? Presumably they wouldn't be selling if they were undervalued.
BalugaJoe
2012-01-20 09:53:32 AM
They can buy my Zynga stock.
Broom
2012-01-20 09:59:22 AM
Debeo Summa Credo
:
Since they haven't gone public yet, anybody who buys shares will do so knowing that they are agreeing to arbitration. I don't see an issue here.
The issue is the entire premise of limiting stockholder ability to hold the management accountable. That's a VERY bad direction.
dryknife
2012-01-20 12:36:20 PM
This sounds like they will sell a special "class" of shares to all of the chumps who have been hearing the mantra "Carlyle...super wealthy private investors only...Carlyle..." and think they can get some of the same action as the top 1%. Since the super rich haven't been able to outright steal everything yet, this will afford them another avenue to do so. The existing investors will certainly not have their shares included in any common stock.
TheGreatGazoo
2012-01-20 01:06:54 PM
Debeo Summa Credo
:
arte1953: Looks like Carlyle Group wants to start screwing the shareholders extra early, namely when they go public, rather than a few years later, after they've tanked the company.....
Since they haven't gone public yet, anybody who buys shares will do so knowing that they are agreeing to arbitration. I don't see an issue here.
And thus you'd be an idiot to buy the shares. Hopefully I'm not the only one who sees that and it costs them half of their IPO target and then they get slapped down by the FEC (who am I kidding) or a judge (roll the dice).
DrippinBalls
2012-01-20 04:08:22 PM
yes, carlyle group will screw everyone, but Stone & Kremidas will make out big time!
Debeo Summa Credo
2012-01-20 04:40:48 PM
TheGreatGazoo
:
Debeo Summa Credo: arte1953: Looks like Carlyle Group wants to start screwing the shareholders extra early, namely when they go public, rather than a few years later, after they've tanked the company.....
Since they haven't gone public yet, anybody who buys shares will do so knowing that they are agreeing to arbitration. I don't see an issue here.
And thus you'd be an idiot to buy the shares. Hopefully I'm not the only one who sees that and it costs them half of their IPO target and then they get slapped down by the FEC (who am I kidding) or a judge (roll the dice).
Caveat emptor. I'm sure it will cost them something off their otherwise IPO target. Do you mean SEC?
iaazathot
2012-01-21 12:51:57 AM
Oh, right, that was some group Michael Moore made up to make Bush look bad. They aren't even real.
cefm
2012-01-23 11:07:21 AM
Uh, just refuse to list them. The SEC makes the rules. You play or you don't get paid.
urban.derelict
2012-01-23 06:57:31 PM
cefm
:
Uh, just refuse to list them. The SEC makes the rules.
urban.derelict
2012-01-23 06:59:33 PM
tinyurl.com/carlylegrp
-->
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