- The price of oil has dropped after Hurricane Gustav did less damage than initially feared. [CNNMoney]
- Lehman news of the day: Korea Development Bank is, in fact, in talks to buy a stake in the bank. [Bloomberg]
- Some of the biggest hedge funds are having their worst years in history. Among the biggest losers: Atticus Capital, Cantillon, and GLG Partners. [WSJ]
- Taking aim at Microsoft, Google is unveiling a browser of its own called Google Chrome. [NYP]
- Commerzbank stock has taken a beating following its decision to buy Dresdner Bank for $14.4 billion amid concern by investors that it's overpaying. [Bloomberg]
- KKR's IPO prospectus "gleefully contrasts itself" from Steve Schwarzman's Blackstone. [WSJ]
- Bankruptcy pro Harvey Miller of Weil Gotshal explains why he's going to be busy this fall. [NYP]
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Finance
Street Talk
- Posted at 9:14AM on Sep 02, 2008
Email- Filed Under: Blackstone, Commerzbank, Google, Harvey Miller, Hedge funds, KKR, Korea Development Bank, Lehman Brothers, Microsoft, Oil, Steve Schwarzman
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