Entries tagged "The Carlyle Group"
Jafco rounds out its team with VC pros Nick Sturiale and Jeb Miller, formerly with the Carlyle Group.
More pink slips came out in December than in the previous months, raising the nation's unemployment rate to 7.2%, according to a report released by the Labor Department. Last month 524,000 jobs were lost with 14,000 from the the financial services and real estate sector, according to CNBC. For all of 2008, the economy lost a net total of 2.6 million jobs. Unfortunately, many of those lost jobs were in financial services industry, and many more jobs are still being lost as banks continue to merge and restructure. ...
Layoff announcements are mounting. A survey by Chicago outplacement firm Challenger, Gray & Christmas said November was the worst month for layoffs since January 2002. According to the survey, financial firms have announced more than 220,000 layoffs. Unfortunately, the pink slips did not stop there. Here are some of the latest announcements. ...
At The Deal's Fifth Annual Private Capital Symposium, Carlyle Group managing director Michael Zupon shared his thoughts on the leveraged finance markets and the recession. Zupon had some kind words for the Federal Reserve. "What the Fed did at the end of the first quarter was brilliant," he said. ...
Carlyle Capital Corp., a publicly traded investment company of buyout giant the Carlyle Group, missed margin calls on its $21.7 billion portfolio Wednesday, triggering a notice of default from one of its banks, according to a MarketWatch report. ...
