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Lazard (LAZ -1.4%) shares slip after Citigroup lowers its rating to Neutral and trims the asset...
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Thursday, January 12, 2012, 11:57 AM ETLazard (LAZ -1.4%) shares slip after Citigroup lowers its rating to Neutral and trims the asset manager's 2012 earnings outlook by 11%. But some other alternative asset managers, including Blackstone (BX -1.7%), also are negative, possibly a by-product of the political flare-up over Mitt Romney's time at Bain Capital and whether PE firms are "vulture capitalists."
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