New Money: Oklahoma Teachers has $400 million to invest in private equity, via Franklin Park. (Global Investor)
The Scourge of Private Equity: Meet Fed Reserve boardmember Daniel K. Tarullo. He’s taking a hard line against private equity investment in banks. (Dealscape)
Priority Readjustment: One in four people are glad the world’s economy slumped like it did. (CNBC)
New Target: Has Andrew Cuomo moved on from targeting private equity? Today he announced a big kickback scandal at Amgen, yet we haven’t heard anything for awhile on PE pay-for-play, especially regarding the elephant in the room, Steve Rattner and Quadrangle. What gives? (Clusterstock)
Buyout Blackball: Buyout deals in banking have hit a ton of roadblocks. So much for that great opportunity… (The Deal)
Blackstone News: The firm has signed its first investor for its Shanghai yuan-denominated fund. (WSJ) (Not sure why this page is all black, you may have to highlight the text to read it).