BX

I wrote awhile back about the private equity firm, Blackstone, going public. At the time, Blackstone was a high flying equity that everyone wanted to own. Well, just how has that turned out?


At the time of the public offering, many financial pundits were suggesting that if the partners of Blackstone were selling, it was a good time not to be buying. Seems as though the credit bubble is leaking a lot of air these days, and the Blackstone boyz were right.