Carl. Icahn. is. blowing up. the Internet.
Speaking of blogging: Ideological wars on the Internet: Frivolous, self-indulgent waste of time, or worthwhile modern day public discourse? You decide. (Ironic for a blogger to ask that question, I know.)
* TA’s not the only one scoring big exits. According to Deal Journal, Platinum Equity just banked around 25X their money selling PNA Group, a steel company it bought in 2006. Considering the firm had plans to float a small portion of the business before buyer Reliance Steel came along, this is one case of the weak IPO market working out in private equity’s favor.
* Here’s a few takes on social responsibility in the biz world:
* TowerBrook Capital Partners had a first close on $1.7 billion according to LBO Wire. That’s up from the $750 million Buyouts reported last month.
* You’re Fired: With all the cost cutting and layoffs on Wall Street, the remaining analysts at Goldman (you know, the ones not on the “”accelerated one-year analyst program” might be tempted to send this SomeECard to their less fortunate colleagues.
* While you’re at it, direct them to DealBreaker’s Guide to Getting Laid Off.
* And lastly, I’m open to monitoring any and all business-related blogs for PE-related posts, so if any of you dear readers care to submit suggestions (or shamelessly ask me to read your blog), send ‘em my way. Erin.griffith@thomsonreuters.com