Old School Media King Richard Chimberg and Randy Whitestone Do NOT own their Dot Com.. WHY?

What if you Represented a 160 Billion Dollar Company
with your Super Duper PR Abilities ?

Ok so say you are Doing PR for Billion Dollar Companies.. oh and not ONE Billion but say around 160 Billion - and Say you like to brag about your Business Experience, and what you can offer to These Billionaire Companies in the Way of PR and Media Relations. ... Ok Say that you have been in the Media Relations business for around hmmm.. gee .. I don't know 25 years.. and this new fang led thing jumped up called the Internet?

Would you Embrace this new medium or discount it as a Passing Fad. And if you were a pretty big deal in the PR business for Financial Companies and this new Modern Media starting emerging, what would be the first thing you would do? Would you buy a computer? Talk to the Grandkids or the Kids and see how this thing works? Would you tell your clients.. oh Yeah I get this new media.. got a handle on it.. HIRE Me to Represent you Billion Dollar Hedge fund, I got ya Covered... (Wink and Nod) and then what.. you go learn all you can and away you go to writing articles and linking those PDF documents that look so official.. your the Spokesman for A mult-Billion Dollar Company... surely you must have missed something in that last decade...

Hmmm.. gee I am a Big Deal, I know that, I have Billionaire Clients so I must know what I am doing in the Media Relations Business.. hmm.. geeeeee I just know I am forgetting Something.. now what is it.. Oh Yeah to Buy RandallStone.com for $10 to build my Online Brand and let my Billionaire Clients know that I really do know what I am a doin' on this here computer stuff. Oh no .. it is to late now because the PR guy I hired for my Company.. tried to run a bluff on an Investigative Blogger before he had researched her and now she bought my dot com.

Now what do I do.. I sure Stepped in it.... Well I know.. I will Just Ignore it.. Surely in this new Modern Media Playing Field, Ignoring an Issues - or say a Non-Fact is Really the Best Way to Handle it Right?

Smart Ass Banter Brought to you by
Crystal L. Cox
Investigative Blogger...

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Facing a big loss, Lehman will sell majority stake in investment management unit

Quote...

"NEW YORK — Lehman Brothers, the investment bank in an all-out fight for its survival, said Wednesday that it expected a third-quarter loss of $3.9 billion, or $5.92 a share, after $5.6 billion in write-downs.

The investment bank also said that it would spin off the majority of its remaining commercial real estate holdings into a new public company to be owned by Lehman shareholders.

And it confirmed plans to sell a majority of its investment management division in a move that it expected to generate at least $3 billion and perhaps more.

Lehman still hopes to receive a majority of the net income from the unit by retaining higher-margin businesses like its stakes in individual hedge fund groups.

After initially jumping on the news, Lehman shares fluctuated in morning trading and were up 2 cents at $7.81 in late trading in New York.

The new decline came after Lehman's stock lost nearly half its value Tuesday as investors feared it was running out of options to raise capital and shore up its ailing balance sheet.

Shares in Lehman, a major underwriter of mortgage-related securities during the credit boom, are down more than 90 percent since hitting their peak last year, before the subprime mortgage crisis.

The tepid reaction to Lehman's announcements suggested that investors were eager to hear fewer words from Lehman and see more action.

"To decrease investor uncertainty, Lehman must have a definitive agreement by Monday to either sell its profitable asset management business, Neuberger Berman, sell a large portion of its subprime real estate exposure, reduce its leverage ratios or line up a deep-pocketed buyer to either buy the company outright or take a significant ownership stake - a lot to accomplish in three working days," said Mark Williams, a management professor at Boston University.
Lehman said Wednesday that it hoped to complete the spinoff of about $32 billion in commercial mortgage assets by early next year.
Among other decisions, Lehman also said that it would cut its annual dividend to 5 cents a share from 68 cents and that it remained committed to examining "all strategic alternatives to maximize shareholder value."
"This is an extraordinary time for our industry, and one of the toughest periods in the firm's history," the chief executive, Richard Fuld, said. "The strategic initiatives we have announced today reflect our determination to fundamentally reposition Lehman Brothers by dramatically reducing balance sheet risk, reinforcing our focus on our client-facing businesses and returning the firm to profitability."

On a conference call, Fuld said Lehman had been tested many times in the past and survived.
"This firm has a history of facing adversity and delivering. We have a long track record of pulling together when times are tough and taking advantage of global opportunities," he said on a conference call. "We are on the right track to put these last two quarters behind us."

Analysts said the planned spinoff reflected the poor state of the commercial mortgage markets.
"It's not a good sign," said Brad Hintz, an analyst with Sanford C. Bernstein. "It's really a sign of the illiquidity in the markets - that no one wants to buy these assets."
And others warned that Lehman would face questions about how it assigned assets to the new company.
"What's a bad asset, and what's a good asset, and what's in the middle?" said Jonathan Macy, a professor at the Yale Law School. "There have got to be judgment calls."

Macy also expressed concern about what options the new company might have to put the bad assets back onto Lehman's books.

Lehman's announcement came a day after the bank's shares plunged 45 percent after reports that its efforts to secure a strategic investment from Korea Development Bank had failed. Investors also feared that the U.S. government would not bail out Lehman as it has the mortgage giants Fannie Mae and Freddie Mac and the investment bank Bear Stearns.

Lehman has been struggling amid growing losses on its commercial and residential real estate holdings. It has been shopping its prized investment management division, which includes Neuberger Berman. People with knowledge of the auction say Lehman has asked for final bids to be submitted by this weekend.

Lehman has been under heavy pressure since the collapse of Bear Stearns, as investors believe its heavy reliance on mortgage-related underwriting and trading could lead it to suffer the same fate that forced Bear Stearns into an emergency sale to JP Morgan Chase.

Lehman has steadfastly said that its balance sheet remained much stronger than Bear Stearns's ever was and that it continued to have access to an emergency lending facility put in place by the Federal Reserve after Bear Stearns's near collapse.

But the plunge Tuesday of Lehman shares fanned worries about the troubles plaguing the broader financial industry and sent the Standard & Poor's 500-stock index tumbling 3.4 percent. The decline more than wiped out the market's rally on Monday, when stocks surged after the weekend rescue of Fannie Mae and Freddie Mac.

There has been a growing sense on Wall Street that Lehman may have to solve its problems on its own. Since March, Lehman has been in a fight for its life, as some investors, including prominent short-sellers betting against the bank's stock, questioned how the firm was valuing some of its assets. Lehman lost $2.8 billion in the second quarter and was forced to raise $6 billion in new capital. But investors were not placated, and the firm was compelled to explore more extreme measures.

Fuld has replaced the head of virtually every major division, including the firm's president and chief financial officer. He has also replaced the global head of fixed income - the division from which most of Lehman's problems have arisen - twice.

But with every measure taken, Lehman's stock price has fallen further.
Michael J. de la Merced and Louise Story contributed reporting. "

Link to Quote Source, Full Article and More on this Topic
http://www.nytimes.com/2008/09/10/business/worldbusiness/10iht-lehman.4.16050480.html

posted by
Crystal L. Cox
Industry Whistleblower

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New private equity fund enters market

"" " February 01, 2010
02:00PM

By Avihu Kadosh
Mark Bahiri, managing partner at the new Emerald Creek Capital Amidst harsh credit requirements and financial uncertainty, some smaller entities are trying to gain market share by offering instant liquidity for perplexed borrowers.

A good technique, according to Mark Bahiri, managing partner at the new Emerald Creek Capital, is to be quick when analyzing and finalizing loan deals. To that end, Bahiri and Mark Penna of asset management firm Neuberger Berman launched a private equity fund "to try and capitalize on the lack of liquidity in the marketplace," he said. "Banks just stopped lending and we're seeing a lot of opportunities out there."

Bahiri, who formerly worked at Madison Realty Capital, opened Emerald Creek Capital last October. The direct bridge lender has nine full time employees, and provides anywhere from $1 million to $20 million in loans with a 10 to 13 percent interest rate. Emerald secures it with a first lien position.

Since its inception, the firm has done three deals -- one in Long Island, one outside New Haven and one in Texas, plus a deal in the works in Atlanta, Ga.

With the Connecticut deal, Bahiri said his national firm, based at One Penn Plaza in Manhattan, fielded a call from a borrower who had more than 60 percent of the $2.8 million purchase price for a 50,000-square-foot shopping center, but was unable to come up with the other 40 percent.

The buyer was nine days away from losing his 10 percent deposit when Emerald put in the rest to make the deal happen.

"I got into the car the next day, saw the property, got an idea of the general value and got the deal approved within a week," Bahiri said. "

Source of Quote
http://therealdeal.com/newyork/articles/emerald-creek-capital-new-private-equity-fund-enters-market

posted by Industry Whistleblower
Crystal L. Cox
Richard Chimber Blog...

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Lehman Plans Neuberger Auction, Real Estate Spinoff

""" Sept. 10 (Bloomberg) -- Lehman Brothers Holdings Inc., reporting the biggest loss in its 158-year history, said it will sell a majority stake in its asset-management unit, spin off commercial real-estate holdings and cut the dividend in an effort to shore up capital and regain investor confidence.

Lehman rose in New York trading after posting a $3.9 billion third-quarter loss on $5.6 billion of writedowns, worse than the $2.2 billion loss analysts had predicted.

The company said it's auctioning off about 55 percent of the asset- management group, including fund-manager Neuberger Berman, and didn't name potential bidders.

The real-estate spinoff is expected to be completed in the first fiscal quarter of 2009, according to a statement today.

``They are saying `we are fine now,' and that's buying them time to negotiate for that additional capital,'' Brad Hintz, an analyst at Sanford C. Bernstein in New York and former Lehman finance chief, said in a Bloomberg Television interview. ``They will need capital as part of the spinoff.''
Pressure on Lehman's Richard Fuld, the longest-serving chief executive officer on Wall Street, mounted yesterday after talks with Korea Development Bank ended, sending the shares tumbling 45 percent. Fuld is striving to convince investors that the fourth-largest U.S. securities firm will stem losses as housing prices decline. He and his management team also must keep clients and employees from leaving the company.
``This is an extraordinary time for our industry and one of the toughest periods in the firm's history,'' Fuld, 62, said in the statement.
Default Protection
Lehman gained 31 cents, or 4 percent, to $8.10 at 9:45 a.m. in New York Stock Exchange composite trading, as the cost to protect against a default by Lehman rose to a record. Credit- default swaps on Lehman jumped 75 basis points to 550 basis points as of 9:12 a.m., according to broker Phoenix Partners Group. That approached a previous peak of 580 basis points in March after the collapse and emergency sale of Bear Stearns Cos. to JPMorgan Chase & Co.

The global credit-market meltdown has led to more than $500 billion of writedowns and credit losses since it began a year ago, sending financial shares around the world swooning. Lehman, the worst performer on the 11-company Amex Securities Broker/Dealer Index this year, has lost 88 percent.

The New York-based securities firm moved its third-quarter earnings announcement up a week after a person familiar with the matter said yesterday that talks with state-owned Korea Development had ended, causing the stock to sink.

BlackRock Deal
Lehman is ``formally engaged with'' with BlackRock Inc., the biggest publicly traded U.S. fund manager, to sell about $4 billion of the investment bank's U.K. residential mortgage holdings, according to today's statement. Lehman said the transact
ion would help reduce the firm's stake in home mortgages by 47 percent to $13.2 billion.
Lehman had about $65 billion in mortgage-related assets at the end of the second quarter. Most of the portfolio, about $40 billion, was tied to commercial real estate.

The firm said it plans to spin off $25 billion to $30 billion of commercial real estate investments into a separate publicly traded company, to be called Real Estate Investments Global, in the first quarter in 2009. Lehman also said it will cut its dividend to 5 cents per common share from 68 cents.

``It's still this incrementalism that I think ultimately Wall Street's not going to be very satisfied with,'' Chuck Carlson, a portfolio manager at Horizon Investment Services in Hammond, Indiana, said in a Bloomberg Television interview. ``Lehman is trying to cling to the fact that they came come out of this independent and I'm not so sure that that's going to be the case.''

KKR, Bain
The Wall Street investment bank has been in talks with Kohlberg Kravis Roberts & Co., Bain Capital LLC and other private-equity firms interested in buying its asset-management unit.
Fuld blundered by not getting out of mortgage securities fast enough after the U.S. housing market began to crumble last year, said Richard Bove, an analyst at Ladenburg Thalmann & Co. Fuld also moved too slowly to bring in a capital infusion from outside investors, Bove said.

``The opportunity has been there, but the lack of willingness to deal on Fuld's part has been huge,'' Bove said.

Once the biggest U.S. underwriter of mortgage-backed securities, Lehman was stuck with the assets after two Bear Stearns hedge funds that invested in the instruments collapsed in July 2007, causing the market to freeze.

Job Cuts
The ensuing credit contraction ultimately led to the takeover of Bear Stearns, once the fifth-biggest U.S. securities firm, by JPMorgan for $10 a share in a deal backed by the U.S. Federal Reserve. Banks and brokerages, trying to reduce costs as revenue dried up, have cut more than 110,000 jobs.

Standard & Poor's said yesterday it may lower its A1 long- term rating on Lehman because the ``precipitous decline'' in the share price creates uncertainty about the firm's ability to raise additional capital. S&P said Lehman's liquidity is ``sound,'' noting the firm has the ability to borrow from the Federal Reserve.

Bear Stearns, which was the fifth-largest U.S. securities firm, was forced to sell itself or face bankruptcy as clients pulled their funds and other firms refused to trade with it. Bear Stearns was the largest underwriter of mortgage-backed assets for three years before 2007, when Lehman displaced it in the rankings.

The Fed agreed to take on $32 billion of mortgage assets from Bear Stearns's books to enable the sale of the firm to JPMorgan.

CEO Casualties
The credit crisis has claimed the jobs of at least 10 CEOs so far, including James ``Jimmy'' Cayne, who had led Bear Stearns since 1983 and Charles O. ``Chuck'' Prince, Citigroup Inc.'s CEO since 2003.

Founded in 1850 by three Jewish immigrants from Germany, Lehman has managed to avert previous potential disasters and is now among the handful of U.S. financial firms that have endured for more than a century.

Lehman has been on the verge of collapse at least four times: in 1929, when the stock market crashed; in 1973, when the firm lost $6.7 million betting on interest rates; in 1984, when internal dissension led to a takeover by American Express Co.; and in 1994, when newly independent Lehman faced a capital shortage.

Lehman's second-quarter loss of $2.8 billion was its first as a publicly traded company.
Management Shuffle

``I hope Lehman doesn't succumb this time either because we're running out of investment banks,'' said Sean Egan, president of Egan-Jones Ratings Co. ``And it takes 100 years to create a good one.''

Fuld, who joined Lehman in 1969, attempted to shore up the firm's finances last quarter by raising $14 billion of capital, selling $147 billion of assets, increasing cash holdings and reducing its reliance on short-term funding to create a buffer against a possible bank run. He replaced his second-in-command, Joseph Gregory, with Bart McDade, a 49-year-old known within the firm for his cautious approach to risk taking. """

Source and Full Article
http://www.bloomberg.com/apps/news?pid=20601087&refer=home&sid=aqetYDRNUTMs

posted by Crystal L. Cox
Industry Whistleblower

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Let's Take another Look at Why Richard Chimberg of CL-Media Relations wants my post with Neuberger Berman information changed.

Richard Chimberg of CL-Media Relations - What is Neuberger Berman hiding?

I mean the changes that Richard Chimberg
of CL-Media Relations wanted me to make to this post below do not seem like that big of a difference to me...

http://www.industrywhistleblower.com/2010/02/bain-capital-llc-and-hellman-friedman.html

If you look at the Post and the Source and what Richard Chimberg - CL-Media Relations, PR Media Relations for Neuberger Berman wants changed, you have to ask yourself what is the big difference between May and the Beginning of the Year.

I mean their Big Fancy Deal Closed when it closed right, and surely they have proof of that should the SEC or the Tax Man come Knocking Right?

And the Article I linked to Said, "The transaction is expected to be completed by early 2009." - so basically if this was written in Oct. of 2008 and said something was "expected" doesn't that mean that it may or may not close at that time.. So why the urgency, when the source had been Out THERE for over a year ?

Richard Chimberg of CL-Media Relations - in his last plea to me said

"Please take a look at the date of that posting from the CFO.com site. Oct. 6, 2008, which was before the management buyout of Neuberger Berman. Thanks. Best, Rich "

I just don't understand the big difference... I GUESS it is a Big Deal to Somebody because that POST was hit by Lehman Brothers, Warner Brothers, Rubenstein and Associates, emailed to Stock Brokers and Holding Companies, hit and studied by Proskauer Rose LLP, and lit up on Blackberry and Verizon, it was a bit of a frenzy and I just don't get it when it was on the Web for 15 Months before I linked to it in my research connecting the dots on Proskaur Rose , Which was the Research that I was doing.

How can it NOW be such a Big Deal and why do they want that changed, and on whose authority of fact?

I mean when did the Deal Really Close and Who really Cares? For me it was about the things that Proskuar Rose is involved in and connecting Clients and information.

I know nothing about merger's and acquisitions, nothing about Randy Whitestone, the Lehman Brothers, Bain Capital LLC, Hellman and Friedmand LLC, or Neuberger Berman, I was simply researching and posting. I know nothing about Private equity business, venture capital, merchant banking, or investment funds... I own no stocks...

So in looking at the emails that Richard Chimberg of CL-Media Relations sent to me and going off the "Fact Change" he requested I PROMPTLY make, and the supposed proof he provide - I can only think that there is something about this deal that Neuberger Berman does not want investors, bankers.. or somebody to know - I just can't figure out what that is....

What is the Difference between Early in the Year in May.. on say 158 Billion in Assets.... or something like that.. could it be a Tax Consequence, a Holding Period of Portfolios, some sort of Currency Trading or something that would put money in the wrong hands.. well I don't know.. but Rich Chimberg of CL-Media Relations sure has peeked my interest... and well my Stat Counter is on Fire...

So it must be a pretty big deal to somebody.. I just don't know why... or Who
Do YOU ? Email me at Crystal@CrystalCox.com
Richard Chimberg,CL-Media Relations
Crystal Cox

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the infamous Post that Richard Chimberg Claims is Not Accurate but it is NOT my WORDS..

My Post from Link Below
http://www.industrywhistleblower.com/2010/02/
bain-capital-llc-and-hellman-friedman.html

"Bain Capital LLC and Hellman & Friedman LLC to buy Neuberger Berman Inc. from Lehman Brothers Holdings Inc. for $2.15 billion

"Boston-based private equity firm Bain and San Francisco based private equity firm Hellman & Friedman agreed to acquire equal stakes in investment advisory and asset management firm Neuberger Berman from New York City-based Lehman. Also, current portfolio managers, management team, and senior professionals will gain a significant stake in the company, and remain in their positions.

The transaction includes all capabilities of Neuberger, which is primarily equities products and services, mutual funds, and a strong emphasis on high net worth and institutional clients.

The deal also includes Lehman Brothers Asset Management, with its fixed income, commodities, and quantitative portfolio management capabilities, and Lehman's private funds investment group. The deal doesn't include Lehman's merchant-banking, real-estate, or venture-capital direct private-equity businesses. The transaction is expected to be completed by early 2009.

Seller financial advisor: Barclays Capital
Bidder financial advisor: Citigroup
Seller legal advisor: Weil Gotshal & Manges; Willkie Farr & Gallagher
Bidder legal advisor: Cleary Gottlieb Steen & Hamilton; Proskauer Rose; Ropes & Gray "

Source of Post
http://www.cfo.com/article.cfm/12372026?f=msdynamics "

Posted By Crystal L. Cox
Industry Whistleblower

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Neuberger Berman PR - Richard Chimberg of CL-Media Relations

Richard Chimberg of CL-Media Relations Sent me an Email Today - I want to Share it with you folks to Help you Understand the Online PR World of 2010.

A Good PR guy or Media Relations Company in 2010, in My Opinion, Should have a firm grasp of the playing field, of modern media and really understand the new journalist and online news source is in a Big Part Bloggers.

A Modern Day, So Called PR Firm such as CL-Media Relations - or a PR Guy like Richard Chimberg SHOULD actually "Google" the person, the "Blogger", the "Industry Whistleblower" they are emailing BEFORE they email them to see what all they are doing online and if this can in anyway hurt the Company, the Client they are working for.

A Modern Day Media Relations Company such as CL-Media Relations SHOULD also scour the site they found the information on BEFORE they Email the Blog Owner or the Blog Author to see if there might just be a few things they may need to know about this Investigative Blogger, Industry Whistleblower, Search Engine Reputation Manager .. Before they just start a Yapping and a Yammering. And trying to Pull a Bluff, a Subtle Threat and well ya know ruffle their feathers. .. ya know what I mean ?

A PR - Media Relation Company such as CL-Media Relations who boastingly says they "specialize in strategic media relations services" May want to get a refresher course on how this all really works in 2010. BEFORE they Reach Out and make Subtle Threats, Strong requests for immediate action and plea-full bantering.

Well this is what Richard Chimberg of CL-Media Relations
has engaged me "Crystal L. Cox" in today.

"" Hello, Crystal. My name is Rich Chimberg and our firm, CL-Media Relations , is Neuberger Berman's PR agency. The item that appeared Feb. 1, 2010 on http://www.industrywhistleblower.com/ , Bain Capital LLC and Hellman & Friedman LLC to buy Neuberger Berman Inc. from Lehman Brothers Holdings Inc. for $2.15 billion, is factually wrong.

http://www.industrywhistleblower.com/2010/02/bain-capital-llc-and-hellman-friedman.html

Neuberger Berman was acquired in a management buyout announced in Dec. 2008 and completed in May 2009 (attached is a Neuberger Berman press releasedated May 4, 2009 announcing the completion of the transaction).

Would appreciate a prompt update on the website with the correctinformation. I have copied Randy Whitestone at Neuberger Berman, and my business partner, Sarah Lazarus, on this email. Thanks very much. Best, Rich "

Crystal L. Cox Says:

Ok First of All, I was very open to changing the information, however Richard Chimberg 's response, the things he said and the way he said them, well I just felt that there was more to it.

I mean Come on a Media Relations Company asking me to Change Facts, I mean I don't know if they are facts, I did not talk to the Companies involved. I QUOTED in exact wording what another news source said, and it was a Post from October 6th 2008.

I am suppose to take the word of a Company hired to promote another Company and my FACT base is to be an official looking PDF from some guy named Randy Whitestone whom I had never heard of until I got that email from Richard Chimberg of CL-Media Relations.

I was simply Researching Proskauer Rose in my Writings of the Trillion Dollar Iviewit Stolen Patent Case. And that post was a "Connecting the Dots" per say on Proskauer Rose and I got it from another source in direct quote and at the bottom of the post I wrote "Source of POST" and I linked to the Source of the Post. The Post was in quotes.

So because my Internet Marketing puts my information out in front and because Richard Chimberg must have google alerts on Neuberger Berman he saw my Post and Wham hit me with a Request.

Well I would like to Say A+ for Promptness, however .. hmmmm.. what about the previous 15 Months this apparent "Non-Factual Information" was out there for all to see. How did Super Duper PR Guy Rich Chimberg of CL-Media Relations miss that and seem to be unable to do anything about it. Richard Chimberg of CL-Media Relations did not even know it existed.

Does Richard Chimberg of CL-Media Relations not offer Search Engine Monitoring Services, and actively look for this stuff .. I mean does Richard Chimberg of CL-Media Relations actually make a living at simply check his email for google alerts .. and emailing bloggers to change information based on What he say is Fact and Sending copies of those emails to people the blogger has never even heard of ????

How did Rich Chimberg of CL-Media Relations miss that it was a Direct Quote and Flat OUT miss the Link to that Source... ?? And why, subtly threaten me with sent copies to people I had never heard of... what is that about Really?

I emailed Richard Chimberg of CL-Media Relations back and I Said this..

" Thanks for the Email.. This is an Exact Quote from another site..
and a Link to the Source, Have you Asked the Source Post to Be Dropped?

What I am Researching and Writing on, that is of interest here is Proskauer...

I will consider Dropping or changing the post after I review what you sent..

Thanks.."

Next Super Duper PR Guy Richard Chimberg of CL-Media Relations Emailed me Back and Said this Never To Be Forgotten Quote, " Appreciate the reply. If the information you used comes from another site, we’d be happy to contact that source with the facts. Can you let us know the source? Thanks. Best, Rich"

Ok ... So ... Richard Chimberg of CL-Media Relations on his website brags about specialized attention, experience and all he can bring to the table to his clients yet he Emails Gibberish Like this out to Bloggers. IF THE INFORMATION YOU USED COMES FROM ANOTHER SOURCE ... Can you Let us Know the Source?

ARE you kidding me.. he can't read ... how "Specialized Attention" is that ? Richard Chimberg of CL-Media Relations, Super Duper PR Guy asked me for the Source instead of Seeing the SOURCE on the POST before he SENT his Special Request to ME.

And instead of FIRST contacting that Source to have them change the FACTS before emailing me, he asks me to hold his hand and point out the Source that was on the POST the FIRST time he Read it. Gee I really hope nobody is Paying this Guy for this kind of Archaic, Ineffective PR Solutions.

And Still Rich Chimberg still wants my Post Information Changed.

Well if I did that I can't link to the source anymore Right and then the Point of my POST which was the " Proskauer Rose LLP " Connection, well that would be Mute wouldn't it?

It would then become a Post on a Company that I had never heard of and was not involved in researching... And how condescending to say "IF" it came from another source, as if to scare or intimidate me.. instead of just reading the source..

Ok So I Email Richard Chimberg of CL-Media Relations back and I sass him a bit... I Say...

" NO Offense to YOU.. however how good are you at PR if you did not see the Quotes and the Link to the Source.. http://www.industrywhistleblower.com/2010/02/bain-capital-llc-and-hellman-friedman.html Hope your Paid Well..

In my Opinion whatever Neuberger Berman 's PR agency is Paying you is Not Enough, the Source has been there for about 4 years.. and you did not catch it, then you read my EXACT quote and VERY Bold Link to the SOURCE and email me to remove it...

You just thought I made This Stuff up?

you Said "If the information you used comes from another site"Can't you read, research, PR Guy???? Hmmmm...Sounds like Neuberger Berman 's PR agency NEEDS a New PR Agency, and well now I have another Story to Tell..."

ok so I blathered a bit and mis-spoke a bit.. I meant that Neuberger Berman was paying Richard Chimberg of CL-Media Relations too much.. and well it was 15 months and not 4 years.. ok I got ahead of myself but still good points, I thought, of course I made them.. (that was funny.. you may have forgot to laugh..) Ok Anyway .. Richard Chimberg of CL-Media Relations got my email and he said. .. Yeah its a He Said - She Said sort of a deal..

"" Crystal — checked the CFO.com site, which I believe is the source of your news item on Neuberger Berman. The date of that posting, http://www.cfo.com/article.cfm/12372026?f=msdynamics , was Oct. 6, 2008. As I wrote in the previous email the management buyout of Neuberger Berman was approved in Dec 2008, and completed in May 2009. Thanks. Best, Rich ""

Talk about Dense, no offense seriously.. but Come on now he says "which I believe" - I LED HIM TO THE WATER... all he had to do was drink... So then he tells me the Date of the Buyout, the Date of the Post and yada - yada ... I can't CHANGE a QUOTE... Fix the SOURCE.. instead.. he Keeps Yammering the Facts according to Richard Chimberg of CL-Media Relations as if I am going to ALTER the quote and then link to the source.. .or what Remove the post..

I mean I did not make it up.. So a Good PR guy first of all would have FOUND the "Non-Factual Information" in the SOURCE post say 15 MONTHS ago and then well, if, GEE he just missed it and only found it because of my Super Duper Bloggin'... well then the Thing To Do would be FIX the source... not me.. FIRST...

And Richard Chimberg of CL-Media Relations makes one last plea and says, "Please take a look at the date of that posting from the CFO.com site. Oct. 6, 2008, which was before the management buyout of Neuberger Berman. Thanks. Best, Rich " What does this mean, it DOES not change the information on the Source ....

I had never heard of Randy Whitestone or Really even new of Neuberger Berman,

However a Subtle threat of sending him a Copy of his Email to me, well that made me curious on just who Randy Whitestone and Neuberger Berman are so I have a New Investigative Journalist - Industry Whistleblower BLOG on Randall Whitestone and Neuberger Berman to Post My Investigative Research On.

I am sure Glad that Rich Chimberg of CL Media Relations is Not My PR Guy.

Below is Some More Information on Richard Chimberg and CL-Media Relations, DIRECTLY Quoted from the Link in the Source Beneath, pay Close attention, it is hard to understand, for it says Source of Post and then there is the link right below...


"" About Us

CL-Media Relations, LLC, based in Concord, Massachusetts, was founded in 2006 by merging the media relations practices of Richard Chimberg and Sarah Lazarus.

We specialize in strategic media relations services, with a focus on the global financial services industry. CL-Media Relations is a boutique consultancy, so every client gets personalized attention from experienced and knowledgeable professionals.

We add value from the start, because we know the business world, and specifically your business. And, since we have substantial journalism and public relations backgrounds, we also understand what makes a good story and how to tell it to the media.""

Below is the SOURCE of the ABOVE Quote
http://www.cl-media.com/about.html


Here is another Quote, this is a Quote About Richard Chimberg of CL-Media Relations


""Rich is a principal and co-founder of CL-Media Relations, LLC, established in 2006. CL-Media advises financial companies on their internal and external communications and positioning in the media.

Rich has 25 years of experience in PR and financial journalism.

Prior to his PR career, he reported on the investment management business, beginning in 1983, at Money Management Letter.

In 1988 he founded and edited Investment Management Weekly, a newsletter, and, in 1994, Return on Investment (ROI), a glossy magazine covering the business of money management. Rich later reported for Bloomberg News, and, in 2000, established InvestorForce.com’s Investor News Service, the first real-time online news service covering the investment management business.""

Source of the ABOVE quoted POST on
http://www.cl-media.com/bio_richard.html

If I was a Super Duper PR Guy, I would Buy my Own Dotcom and Encourage My Clients to do so as Well, Come on it is 2010 and saying please and thank you and subtle threatening an email copy sent to people the blogger does not even know well... this is hmmm NOT good, and definately NOT EFFECTIVE....

I am Not sure how long it has been that Richard Chimberg of CL-Media Relations has been the PR Media Relations for Neuberger Berman, however if it has at least been... oh .. say a year ago or more.. shouldn't Richard Chimberg of CL-Media Relations have noticed the Bad Information Long ago ?

And if NOT, Well then.. Welcome to 2010 ... it may be time For Richard Chimberg of CL-Media Relations to Retire and Hang up the Ol' "Back in the Day" PR Hat.

We are NOT 25 years ago... the Internet is faster then the Speed of Light.. Per Say and So your 2010 PR Person... Well they had better be Johnny on the Spot and very - VERY good at what they do or say Good Bye to your Online Reputation SHOULD they ... ya Know Step in a Pile of BLOGGER "Scat" and Not know what to "Doo".


It's NOT Personal .... It's Just Business...
Richard Chimberg YOUR FIRED !!!


Consider this Post a Wake Call to ALL PR Companies -
It is 2010 and EVERYTHING is NEW.. Different..
the Rules of the Game HAVE Changed and I mean Bigtime..
YOU had Better KNOW what your Doing... or GET out of the Business.
Consider this POST a FREE Online Marketing,
Media Relations and PR Mini-Seminar....

POSTED by Crystal L. Cox
Investigative Journalist
and other Blogger Related PR, Research and Whistleblowin'

Read more...