Moody’s Investors Service has cut the rating outlook for Sabre Holdings Corp. from stable to negative. Sabre is a Southlake, Texas-based online travel reservations company taken private last year by Silver Lake Partners and TPG Capital for approximately $5 billion.
PRESS RELEASE

And it's Citi, tonight. Kidding, though how deliciously rich would that be? Prettay, prettay, prettay rich. Anyway, no, it's Piper Jaffray, and it's not even in New York, but out in Minneapolis (PJ HQs). Revolution Rock Bar, December 18th, 4:30. Don't even act like you're not going to try and make it.

Fritz Thomas has joined Oak Hill Advisors as a New York-based managing director, where he will lead the firm’s business development and client coverage activities. He previously was a managing director with Deutsche Bank, where he led global distribution for CLOs and other alternative investment products.
 

You know, you try and do a little service like warn people before they're about get their asses torn out so that, I'd don't know, it doesn't sneak up from behind and take them by surprise, and all of a sudden it's like you're the bad guy. It's like you, and not the ass reamers, are the ones causing the rectal prolapse.

It used to be that the Microsoft-Yahoo clash seemed, at its root, a "personality conflict." Yang and Ballmer's war of words was, at one point, so pointed that Ballmer was said unable to consider an acquisition of any kind while Yang was still leading the firm. Or, that was the press version, anyhow. Around this time Microsoft spent a period in that Texas Hold'em sort of intentions limbo. When strong, attempt to appear weak, when weak, attempt to appear strong. Ballmer didn't want to advertise the degree to which he lusted after Yahoo.