Drake Corrigan
Key Biscayne,#2General Comment
Mon, May 17, 2010
Matthew Murray is a con man crook scammer who defrauds honest aspiring PE students and professionals. His class is a joke. Matthew is responding to this complaint pretending to be someone else from the nonexistent PEI.
SHUT DOWN THIS CON MAN NAMED MATTHEW MURRAY.
Eugene Fallon
Nanuet,#3UPDATE Employee
Wed, August 20, 2008
Dear 'Quincy': My name is Eugene Fallon, not Matthew Murray, and I am in charge of online learning at the Private Equity Institute. Let me address some of your comments: 1) Dr. Murray was removed from Rodman and Renshaw's Research Department two days after he sent numerous emails to the Director of Research and Head of Compliance at Rodman and Renshaw asking for permission to lower his investment rating on an investment banking client. He was then fired two days after he turned over these emails to the Senate Finance Committee. The facts on this case can be found at www.researchindependence.org. Dr. Murray's termination at Rodman was due to his high ethical standards and not due to his performance, in my opinion. I am sorry if you were not happy interning with him at New York Private Equity, but we are very happy he has let the Institute make use of the Private Equity Stock Evaluation web site you were assigned to work on. 2) Like most web-based firms, we post complimentary emails after we have received permission from the author. However, we also deal seriously with all complaints. As I have mentioned before, we have more testimonials/compliments than complaints, but we have refunded money two to students who performed well on their post-course tests and felt that the class did not benefit them. 3) I will point out again that it is difficult to take criticism seriously from an anonymous posting. I would, however, correct some of your facts. Our in-class training price is not $1,450 but $1,295 and we offer a web course for $495. It should go without saying that people should not spend money on Internet or classroom training if they cannot afford it. We don't have any impact on the web page ranking of this web page as you allege. 4) We would be surprised if any of our graduates were hired by KKR or Blackstone because those firms are well known and offer high paying starting salaries. Therefore, they generally take their pick from leading business schools. Our program is targeted at small to medium sized private equity firms, which is the same place we get our instructors. However, we do have PEI graduates that have gone on to get jobs at most major investment banks like Goldman Sachs, JP Morgan, etc. We state on our FAQ page that students should not feel they are guaranteed getting a job or an internship by taking the course. 5) If you don't think the course was worth the money, you should ask for your money back. As I mentioned previously, we have refunded two students who performed well on their post-course testing. Because you have not identified yourself I now assume that you are the student who asked for his money back after he performed poorly on his testing. When we refused this student, he threatened to defame us on the Internet. If I am incorrect on your identity, then I would encourage you to contact me (see email below) and we will review your test scores. If you performed well and are willing to give up your login and password rights, we will refund half your money. Eugene Fallon Director of Online Learning Private Equity Institute [email protected]