GO
Loading...

Sell Block: Dump Private Equity

Thursday, 15 Nov 2007 | 7:32 PM ET

Private equity companies rode low interest rates as far as they could, buying and flipping businesses at massive profits and working the system to pay as little tax as possible. Then CEOs like Wes Edens of Fortress Investment Group and Steve Schwarzmann of Blackstone Group sold their company shares to a public frothing at the mouth for some of that money. Too bad the ride was over by then.


Mad Money Sell Block
Mad Money's Jim Cramer tells you which stocks you ought to be selling right now, either to take profits or to cut your losses.

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

  Price   Change %Change
BX
---
FIG
---

Featured

Contact Mad Money

  • Showtimes

    Monday - Friday 6p ET
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.