-Gazprom apparently will allow foreign companies to be equity partners now in the Shtokman gas field. I guess Putin realized that he could not do much without the technological help from the oil companies. I checked the stock price of ConocoPhillips-COP (one of the foreign companies involved) and looks like they went up about 4% today. Not bad.
-Moody's pissed off about all this private equity buyouts and has decided to issue statements criticizing the excessive use of debt by private equity companies for the buyouts. Wonder what pissed them off. Moody's apparently will challenge the perception being put out by the private equity types that having private equity is better in the long term. Interesting! Wonder how this impact the KKR listing being prepared for listing.
-CBOT takeover to be voted in today looks like. CME may end up getting what it wants.
-In related news Nymex is asking for regulating ICE! Not sure why exactly?
-The Lex column had an interesting piece about Hedge FundsVsPrivate Equities. Do check it out.
Ok time to go sleepy now.
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