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When The Blackstone Group (NYSE: BX) went public, many observers -- myself included -- were concerned by the total lack of corporate governance checks and balances.

But at the time, the private equity industry was so hot that Blackstone could do no wrong, and no one cared enough to complain. But now that KKR is mulling a plan to list on the New York Stock Exchange, things could be different. The wheels have come off the industry, at least for now, and the arrogant attitude of "We'll tell you what we feel like telling you and you'll like it" may not play so well.

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Will private equity finally find good governance with the KKR IPO? originally appeared on BloggingStocks on Thu, 02 Jul 2009 10:50:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BlackstoneBXcorporate governanceHenry KravisinthenewsJohn JannaroneKKRPrivate EquityThu, 02 Jul 2009 10:50:00 EST