Filed under: Rumors , Private equity , Market matters , Merrill Lynch (MER) , Amer Intl Group (AIG) , KKR Financial (KFN) , Apollo Investment (AINV) , Lehman Br Holdings (LEH) , Blackstone Group L.P (BX) , Cramer on BloggingStocks TheStreet.com's Jim Cramer says the only action in the sector is that the rumor mill is spinning overtime. There are tons of ridiculous stories that can be written in the Naked City. Notice that every day we are blessed with a story about how there are three private-equity firms examining Lehman Brothers (NYSE: LEH ) ( Cramer's Take ) and Neuberger Berman (NYSE: NEU ) ( Cramer's Take ). I think I have read that story a dozen times now. You can list them, too: Blackstone (NYSE: BX ) ( Cramer's Take ), KKR (NYSE: KFN ) ( Cramer's Take ), Apollo (NASDAQ: AINV ) ( Cramer's Take ), maybe Cerberus. What are they going to do, deny it? "No, we are not looking at it?" Their investors would love that: "Well what the heck are they doing with our money?" would be the reaction of investors if they issued denials. I predict weeks more of phantom tire-kicking of Lehman by nonexistent private-equity firms. How about private equity about to swarm over collateralized debt obligations? Usual cast of characters there. Right? Come on, those stories are a penny a dozen. Every day I read about them. But nobody, other than Lone Star, is doing anything, anything at all on this front. If there were buyers, you can bet that Lehma ...
Anytime
Filed under: Rumors , Private equity , Market matters , Merrill Lynch (MER) , Amer Intl Group (AIG) , KKR Financial (KFN) , Apollo Investment (AINV) , Lehman Br Holdings (LEH) , Blackstone Group L.P (BX) , Cramer on BloggingStocks TheStreet.com's Jim Cramer says the only action in the sector is that the rumor mill is spinning overtime. There are tons of ridiculous stories that can be written in the Naked City. Notice that every day we are blessed with a story about how there are three private-equity firms examining Lehman Brothers (NYSE: LEH ) ( Cramer's Take ) and Neuberger Berman (NYSE: NEU ) ( Cramer's Take ). I think I have read that story a dozen times now. You can list them, too: Blackstone (NYSE: BX ) ( Cramer's Take ), KKR (NYSE: KFN ) ( Cramer's Take ), Apollo (NASDAQ: AINV ) ( Cramer's Take ), maybe Cerberus. What are they going to do, deny it? "No, we are not looking at it?" Their investors would love that: "Well what the heck are they doing with our money?" would be the reaction of investors if they issued denials. I predict weeks more of phantom tire-kicking of Lehman by nonexistent private-equity firms. How about private equity about to swarm over collateralized debt obligations? Usual cast of characters there. Right? Come on, those stories are a penny a dozen. Every day I read about them. But nobody, other than Lone Star, is doing anything, anything at all on this front. If there were buyers, you can bet that Lehma ...