Zachery Kouwe
The Archive
UNION FOE RAISES 'BUYOUT' BANKER WARNING
August 25, 2008 | 8:04amWhen it comes to the nation's troubled banks, private-equity firms aren't seen as financial saviors to everybody. In fact, to longtime foes like the 2 million-member Service Employees International Union,...
WAY OVER ITS HEAD: INCA STRUGGLES TO STAY AFLOAT
August 22, 2008 | 8:25amStacy Josloff, the ex-wife of ad man and CNBC commentator Donny Deutsch, is desperately seeking a $1.2 million capital infusion to save her upscale swimwear company before it goes bust....
CME DRILLING DOWN ON EDMONDS TO LEAD NYMEX
August 20, 2008 | 7:52amNow that members of the New York Mercantile Exchange have finally approved CME Group's $8.4 billion takeover, they want the Chicago futures giant to take steps to boost CME's sagging...
NYMEX MAY HAVE NUMBERS FOR CME TAKEOVER
August 15, 2008 | 8:02amCME Group's $8.4 billion takeover of the New York Mercantile Exchange looks likely to close after executives of the Chicago futures giant won over two influential Nymex members. Robert Sahn...
NYMEX SEATHOLDERS: TAXED OVER MERGER
August 14, 2008 | 7:43amCME Group is considering postponing the shareholder meeting on its $8.4 billion deal with the New York Mercantile Exchange after a last-minute revolt by some members of the energy market...
ICAHN'T WIN THEM ALL
August 10, 2008 | 8:19amCorporate raider turned activist investor Carl Icahn is having a tough year. The Far Rockaway, Queens native's hedge funds are suffering their first losses since the 72-year-old opened them in...
UBS SETTLES $18.6B AUCTION-RATE PAPER CASE
August 9, 2008 | 7:54amTarnished Swiss bank UBS has agreed to pay a $150 million fine and begin buying back $18.6 billion in failed auction-rate securities in a rare move that will help return...
BLACKSTONE: NO RECOVERY UNTIL 2010
August 7, 2008 | 8:08amBlackstone President Tony James provided a dire outlook for an economic recovery yesterday as he announced the private-equity firm's second-quarter earnings. "We still don't see things improving for a while,"...
YAHOO! VOTE SNAFU
August 7, 2008 | 8:08amDespite Steve Ballmer's talk of being "done" with Yahoo!, Microsoft continues to trash talk the Internet company behind the scenes - leaving some to believe the software giant's pursuit of...
YAHOO! ADMITS ERRORS
August 6, 2008 | 7:56amYah-oops! Internet icon Yahoo! acknowledged yesterday that its vote counters at Broadridge Financial Solutions goofed when counting the votes at the company's Aug. 1 annual meeting. The new results show...
GABELLI START-UP EYES MEDIA, TELECOM BUYS
August 6, 2008 | 7:56amMedia investor Mario Gabelli yesterday filed to raise $200 million through a so-called blank-check company and will use the proceeds to buy a media or telecom company. The new entity,...
OAKTREE'S MARKS SEES WOE
August 5, 2008 | 8:25amOaktree Capital's Howard Marks, known for his knack at capturing the mood of the markets, likens the current financial crisis to the decade-long bear market in the 1970s in his...
OAKTREE'S MARKS: PAIN ISN'T OVER
August 4, 2008 | 7:49pmOaktree Capital's Howard Marks, known for capturing the mood of the markets in his memo to clients, is out with his second-quarter letter, of which The Post has a copy....
YANG TO FACE SHAREHOLDERS
August 1, 2008 | 8:14amYahoo! chief Jerry Yang is likely to face tough questions from shareholders at the company's annual meeting today - but they won't be coming from billionaire activist Carl Icahn. Icahn...
LAZARD LIVING LARGE
July 31, 2008 | 7:31amLazard boss Bruce Wasserstein is hitting homeruns while most of his rivals are getting hammered. His advisory firm yesterday beat analyst estimates for second-quarter earnings on strong fees from advising...
YAHOO! AIN'T EASY 'PICKENS' FOR BOONE
July 30, 2008 | 7:48amOil tycoon T. Boone Pickens learned the hard way that it's not always a good idea to bet alongside fellow billionaire Carl Icahn - especially when it involves tech companies....
'CAPITAL' UNREST CASTS GLOOM OVER YAHOO!
July 28, 2008 | 8:18amYahoo! may have made peace with activist investor Carl Icahn, but its second-largest shareholder is still furious with Chairman Roy Bostock and CEO Jerry Yang and is considering withholding votes...
KKR CASH KINGS
July 28, 2008 | 8:18amKohlberg Kravis Roberts & Co., run by leveraged buyout pioneer Henry Kravis, announced a deal yesterday that will turn the 32-year-old private investment firm into a public company. The deal...
NEVER SAY 'NEVER'
July 25, 2008 | 7:23amMicrosoft chief Steve Ballmer continued to give mixed messages about his pursuit of Yahoo! yesterday, saying the software giant is no longer in talks and is "done" with trying to...
SENSATIONAL BUST
July 24, 2008 | 7:46amBattered magazine publisher American Media is inching closer to a deal that would turn over a substantial amount of the company to creditors and deal another blow to its private-equity...