Blackstone

Super Bowl Rivalry Takes Over Wall Street

Reuters | Posted 04.03.2012

By David Gaffen Feb 2 (Reuters) - Wall Street traders and fund managers have opinions on almost everything - from politics to religio...

Causes of the Financial Crisis, One More Time

Robert Teitelman | Posted 01.04.2012

Robert Teitelman

What we have learned in the last year is that it's far easier to offer the blanket charge, the single cause, the nifty slogan than it is to do the kind of hard work necessary to dig our way out of this mess.

Schwarzman's Olive Branch

Robert Teitelman | Posted 11.13.2011

Robert Teitelman

Steve Schwarzman, who has displayed a tendency to blame the financial crisis on poor people, now seems to agree with President Obama that the pain, notably through tax increases and entitlement reform, needs to be balanced across classes.

After IPO, Glencore CEO's Stake May Be Worth Nearly $10 Billion

Bloomberg | Christine Harper, Zijing Wu and Elisa Martinuzzi | Posted 07.04.2011

Glencore International AG’s initial public offering may value Chief Executive Officer Ivan Glasenberg’s stake at $9.6 billion, more than Google In...

The Fed's 'White Whale' Of Insider Trading

Posted 05.25.2011

NEW YORK/BOSTON (By Matthew Goldstein and Svea Herbst-Bayliss) - Soon after prosecutors charged two of his former employees with trafficking in co...

It's Not Raining, We're Getting Peed On (3): The Scam of the Deficit Crisis

Jonathan Tasini | Posted 05.25.2011

Jonathan Tasini

Today, as the Catfood Commission unveiled its final report, I'll look at some of the people behind pushing the phony "crisis" within an excerpt from the next chapter of my book.

Private Equity: Where Did All The Easy Money Go?

bloomberg.com | Jason Kelly and Cristina Alesci | Posted 05.25.2011

Aug. 26 (Bloomberg) -- A year after the financial crisis subsided, the $2.5 trillion private-equity industry is finding the easy money may be gone. M...

Most Non-Politically Correct Investments You Can Make (PHOTOS)

Huffington Post | Sara Yin | Posted 05.25.2011

Cigarette makers, war profiteers, oil drillers -- they're great for your bottom line. As Libya endorses BP stock, and others quietly follow suit, ...

Blackstone Speaks Out Against Tax Hike On Executives

BusinessWeek | Ryan J. Donmoyer | Posted 05.25.2011

Blackstone Group LP and other firms protesting a plan by Congress to increase taxes on executives of investment partnerships are focusing on what they...

Smoke, Fire

Yvette Kantrow | Posted 05.25.2011

Yvette Kantrow

Deal rumor reporting recently hit a new high -- or is it low? -- a few weeks back when the Wall Street Journal put out a story on what it called "The Big One."

Sources: SEC Gearing Up For Insider-Trading Crackdown

Bloomberg | By Joshua Gallu and David Scheer | Posted 05.25.2011

Federal investigators are gearing up to file charges against a wider array of insider-trading networks, some linked to the criminal case against billi...

Stopping Blackstone Coal

Bruce Nilles | Posted 05.25.2011

Bruce Nilles

Last week when we hit the 100th coal-fired plant abandoned or prevented in the U.S., someone asked me, "What's next?" My answer came quickly: "It's time to stop the next 100."

Pete Peterson, Blackstone's Honcho, Roasts At The Four Seasons

New York Post | Posted 05.25.2011

BLACKSTONE Group billionaire Pete Peterson commissioned professional help to roast Julian Niccolini and Alex von Bidder as they marked the 50th annive...

Blackstone's Secrecy: Rejects SEC Request for Fund Data

bloomberg.com | Miles Weiss | Posted 05.25.2011

March 30 (Bloomberg) -- Blackstone Group LP, the world's largest private-equity firm, rebuffed a request from securities regulators to publicly disclo...

Stephen Schwarzman: 45 Percent Of World's Wealth Destroyed

Reuters | Megan Davies and Walden Siew | Posted 05.25.2011

Private equity company Blackstone Group LP (BX.N) CEO Stephen Schwarzman said on Tuesday that up to 45 percent of the world's wealth has been destroye...

Stephen Schwarzman Infuriated Over Blackstone Insider Trading Charge

New York Post | Paul Tharp | Posted 05.25.2011

Stephen Schwarzman went ballistic yesterday over insider-trading charges leveled against one of his young Blackstone managing directors who allegedly ...

Stephen Schwarzman And Bruce Wasserstein Spar At Fortune Breakfast

Huffington Post | Danny Shea | Posted 05.25.2011

SCROLL DOWN FOR PHOTOS A powerful crowd turned out for Fortune's breakfast conversation with Stephen Schwarzman and Bruce Wasserstein Thursday mornin...

The Tipping Point? Merger Deals Could Be Ray Of Hope

New York Times | Posted 05.25.2011

Market observers are desperately trying to call a bottom in the stock market, but something more dynamic is happening in the M&A market. The events o...

SEC Charges Trader With Profiting From False Rumors

AP | Christopher S. Rugaber | Posted 05.25.2011

The Securities and Exchange Commission on Thursday charged a Wall Street trader with spreading lies about Blackstone Group's attempted purchase of All...

Blackstone Co-Founder Peterson On Wealth, McCain, And Fiscal Responsibility

Portfolio | Lloyd Grove | Posted 05.25.2011

Peter G. Peterson is a man of parts: leveraged-buyout billionaire, policy wonk, social lion, and--most recently--the patron of an ambitious new founda...

Steve Schwarzman, Big Spender

Huffington Post | Posted 05.25.2011

Just as Blackstone was posting a $170 million loss for its fourth quarter, co-founder Stephen Schwarzman announced he was donating $100 million to the...

Blackstone Posts 4Q Loss of $170 Million

AP | STEPHEN BERNARD | Posted 05.25.2011

NEW YORK — Private equity firm Blackstone Group LP said Monday it swung to a loss during the fourth quarter due to a write-down on its investmen...

Blackstone's Schwarzman Makes $5.13B

AP | JOE BEL BRUNO | Posted 05.25.2011

NEW YORK — Stephen Schwarzman is Wall Street's $5.13 billion man. That's how much money the co-founder of private equity shop Blackstone Group ...

Steve Schwarzman Tells Bronx Kids Good Grades Are Over-Rated

Dealbreaker | John Carney | Posted 05.25.2011

"How do you get from here to the rest of the world?" The question is one of the most heart-breaking moments on this season of the Wire. It's asked of...

Blackstone to Banks: We Don't Need You

Portfolio | Felix Salmon | Posted 05.25.2011

Blackstone has decided to disintermediate its banks when it comes to raising money for leveraged loans. Hell, Blackstone is a bank, I'm just surprised...