There is so many Facts and Figures around the Neuberger Berman LLC Sale .. Why Did The Carlyle Group really "Challenge" the Deal?

November 16th 2008 News Archive of the Neuberger Berman Sale... Investigative Blogger Crystal L. Cox is looking to get to the bottom of Why PR Guy, Richard Chimberg is so Alarmed by a Post QUOTING a News Blog about the Neuberger Berman Sale and when it Really Closed - this Request of Immediate Action, Peeked the Blogger Curiousity of Industry Whistleblower and Investigative Blogger Crystal L. Cox -

SO if you have any information on the back end, secret deals, side deals - names - games and players behind the Neuberger Berman Sale.. or Why The Carlyle Group really "Challenged" the sale of the Neuberger Berman LLC Deal?

please Email your TIP to me at
Crystal@CrystalCox.com

"Sale of Neuberger Berman not quite a done deal

Carlyle, former chief of Neuberger challenge sale
By David Hoffman
November 16, 2008, 6:01 AM EST "

"Even though the sale of Neuberger Berman LLC of New York was thought to be a done deal more than a month ago, the company is still in limbo as an auction process drags on — one that could damage to the firm's value, according to industry experts.

A former subsidiary of Lehman Brothers Holdings Inc. of New York, Neuberger was orphaned when Lehman went belly up in September.

Private-equity firms Bain Capital Partners LLC of Boston and Hellman & Friedman LLC of San Francisco announced Sept. 29 that they were going to acquire Neuberger for $2.15 billion in partnership with its portfolio managers, the management team and senior professionals.

But that deal was challenged by The Carlyle Group, a Washington-based private-equity firm, and former Neuberger chief executive Jeffrey Lane.

The process that resulted in the Bain/Hellman & Friedman deal was flawed and did not allow Lehman to get the best deal possible for Neuberger, Carlyle and Mr. Lane argued. As a result, the U.S. Bankruptcy Court in New York on Oct. 17 approved a new auction, which ends Dec. 1.

The tussle can't help but hurt Neuberger. Theoretically, a floor of $2.15 billion has been set as the asking price. But given the fact that all asset managers, including Neuberger, have been hemorrhaging assets in volatile markets these last few months, "I wonder how permanent that floor really is," said Burton Greenwald, a Philadelphia-based mutual fund consultant.

Not including money market funds, Neuberger saw $615.97 million come out of its funds in October, and $302.07 million leave in September, according to Morningstar Inc. of Chicago.

Adding to concerns, two managers recently left the firm.

Milu Kromer, co-manager of the $451 million Neuberger Berman International Fund (NBISX), left the company for New York-based value manager Cramer Rosenthal McGlynn LLC. And Steven Brown, lead manager of the $41 million Neuberger Berman Real Estate Trust (NBRFX), left for American Century Investments of Kansas City, Mo. ""

Click Below to Read Source Document
http://www.investmentnews.com/article/20081116/REG/311179977

I wonder what the Above Document Said BEFORE the "Corrections" were made, I wonder what the CORRECTION were and if Randall Whitestone and Richard Chimberg were involved at all.

Ok so we have Bankruptcy Courts, we have International Funds, we have a possible deal that was selling Neuberger for Less then it's worth but Stopped by Mr. Lane - there is So Much Intrique here - I just have to Know more... Please Email me More to This Story - Crystal@CrystalCox.com I SMELL hundreds of millions of SOMEONES money in the wrong hands.. hmmm.. well I will just have to wait and see ..