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| China-Japan-Koreas |
| China loses $425 mil on Blackstone investment |
| 2007-08-03 |
| Posted by:Anguper Hupomosing9418 |
| #6 Repeats afta me.....Buy row, sell hi. Buy row, sell hi. Buy row, sell hi. Buy row, sell hi. Ok now, bend knee slightly, arms fowud, palms up! |
| Posted by: Besoeker 2007-08-03 21:33 |
| #5 Boondoggles. Lot of money in Boondoggles...no selling for 4 years, and no hangings for 5? |
| Posted by: Phinater Thraviger 2007-08-03 20:51 |
| #4 Since Blackstone went public on June 22, the companyÂ’s shares have fallen steeply, pushing down the value of the Chinese governmentÂ’s investment by more than $425 million in just six weeks. Expect heads to roll, literally, over this. The Chinese government acquired its shares at a discount of just 4.5 percent to the initial offering price, or $29.605. In exchange, the government agreed that its shares would have no votes and could not be sold for at least four years. So, the Mandarins have been sucked in like some country rubes on this one. Shows just how useful denouncing and eschewing capitalism really is. Now that they're finally trying to run a quasi-realistic economy, those communist shoes are beginning to pinch a little. Screw them and the rickshaw they rode in on. |
| Posted by: Zenster 2007-08-03 16:44 |
| #3 More nano-violins, please, Fred |
| Posted by: Grinegum de Medici7263 2007-08-03 15:21 |
| #2 some bloggers and postings in Internet chat rooms are bitterly questioning BeijingÂ’s stock judgment Geez, ya mean Commies might have problems figuring out how to play the market? No stock tips in that murderous fat pig's Little Red Book? |
| Posted by: tu3031 2007-08-03 15:06 |
| #1 so there is a silver lining inside every dark cloud! |
| Posted by: USN, Ret. 2007-08-03 14:53 |