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UPDATE 5-Blackstone profit tops view; sees more deals ahead Saturday, 7 Nov 2009

* Shares rise 7 pct (Adds background about recent sales; fundraising, shares)  Full Article

 
Latest on the Reuters Hedge Hub blog

- Looking 'Bleak' for Madoff investors. Ongoing legal work looking good for lawyers in Madoff case. http://blogs.reuters.com/hedgehub/2009/11/05/looking-bleak-for-madoff-investors/  Full Article  

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U.S. to be more selective with carmakers Friday, 6 Nov 2009

WASHINGTON (Reuters) - Automakers can expect the U.S. government to be attentive to its multibillion-dollar stake in their businesses next year and selective in its efforts to reshape the industry.  Full Article