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Blackstone Group

Big Banks May Have Bribed Libyan Officials

Reuters | Posted 04.05.2014 | Business

Feb 3 (Reuters) - The U.S. Department of Justice is investigating banks, private equity firms and hedge funds that may have violated anti-bribery la...

'The Daily Show' Covers Wall Street Scandal The Media's Afraid To Touch

The Huffington Post | Ross Luippold | Posted 12.05.2013 | Comedy

Wednesday's "Daily Show" spent most of its airtime examining malfeasance on Wall Street -- and, as usual, did a better job giving airtime to an import...

How Wall Street Has Turned Housing Into a Dangerous Get-Rich-Quick Scheme -- Again

Laura Gottesdiener | Posted 01.26.2014 | Business
Laura Gottesdiener

You can hardly turn on the television or open a newspaper without hearing about the nation's impressive, much celebrated housing recovery. Home prices are rising! The crisis is over! Yet beneath the fanfare, a whole new get-rich-quick scheme is brewing.

Dear Vets, Forget the Monuments, They're Gunning for Your Social Security

Mary Bottari | Posted 01.23.2014 | Politics
Mary Bottari

As the government shutdown marches on and the dangerously real deadline of the federal debt limit approaches, it is increasingly clear that the fight over "Obamacare" is merely an opening salvo.

J.C. Penney Desperate For Cash

AP | Posted 04.11.2013 | Business

NEW YORK -- A published report says J.C. Penney Co. is consulting with bankers at Blackstone Group on how the struggling department store chain can ra...

It Just Got Harder For Dell To Keep Dell

AP | By MICHAEL LIEDTKE | Posted 05.25.2013 | Technology

SAN FRANCISCO (AP) — The two new suitors pursuing Dell have a message for Wall Street: Don't allow Michael Dell to hoard potential gains from the PC...

Whiny Billionaires in Need of Sequestration

Robert Scheer | Posted 05.04.2013 | Politics
Robert Scheer

It is brutally immoral that the proposed cuts in federal spending now be imposed on the victims of the meltdown rather than the perpetrators of their financial ruin.

Shut Down the Merchants of Death -- A Divestment Strategy to Stop Gun Violence

Peter Dreier | Posted 04.15.2013 | Politics
Peter Dreier

Around the country, Americans are not only lobbying their Congressmembers to support legislation to reduce gun violence, they are also voting with their dollars -- through pension funds, government purchasing policies, and university endowments.

Ben Hallman

Obama Sets Sights On Lucrative Tax Break Used By Romney

HuffingtonPost.com | Ben Hallman | Posted 02.05.2013 | Business

For chief executive Stephen Schwarzman, running the private equity firm Blackstone Group has proven enormously lucrative, bringing him nearly $140 mil...

Why What's Happening in Atlanta Should Matter to You

Shabnam Bashiri | Posted 04.06.2013 | Business
Shabnam Bashiri

In Georgia, home prices are up 5 percent over last year, a year in which we also had one of the highest foreclosure rates in the country. Seems a little odd, doesn't it? That's because the "recovery" is fueled almost entirely by Wall Street private equity, hedge funds, and the Fed's unwavering support.

SHAMU FOR SALE -- Should You Invest in Captivity?

David Kirby | Posted 03.02.2013 | Green
David Kirby

Investing in the captivity of highly intelligent killer whales for public amusement carries with it considerable risks and drawbacks -- not just financially, but ethically and morally as well.

The Public Eye on Private Equity

Jason O. Kelly | Posted 12.12.2012 | Business
Jason O. Kelly

Mitt Romney's campaign for president dragged private equity into the public eye and turned the harsh spotlight of a presidential race on its practitioners. So much for that whole "private" thing.

'The New Tycoons': Prologue

Jason O. Kelly | Posted 12.11.2012 | Business
Jason O. Kelly

Standing in Legoland in 2011, fulfilling a promise to my then eight-year-old son William, it hit me. Practically every time I'd opened my wallet that day, it had been to a company owned by private equity. Even on vacation, I couldn't escape.

Big Week Looms Ahead for SeaWorld

David Kirby | Posted 09.10.2012 | Entertainment
David Kirby

The week of July 16 will be crunch time for America's favorite marine theme park, as SeaWorld braces for the next grueling phase in the aftermath of orca trainer Dawn Brancheau's death, two and a half years ago in Orlando.

D.M. Levine

This CEO Made How Much Last Year?

HuffingtonPost.com | D.M. Levine | Posted 03.05.2012 | Business

How much did private equity chief Stephen Schwarzman make last year? Depends who you ask. The Wall Street Journal and Reuters both reported that S...

How Does the 1% Exploit America? Find Out in 1 Minute (VIDEO)

Robert Greenwald | Posted 04.17.2012 | Politics
Robert Greenwald

Even in an Occupy world, most Americans don't know exactly how the 1% does what it does. The mainstream media hasn't explained it, and the 1% likes things that way.

Huge Consortium May Ask For Yahoo's Hand

Posted 12.01.2011 | Technology

By Nadia Damouni NEW YORK (Reuters) - Blackstone Group and Bain Capital are preparing a bid for all of Yahoo Inc with Asian partners in a deal that...

Blackstone Group To Sell Canadian Properties, Reports Say

The Canadian Press | Posted 07.24.2011 | Home

(CP) TORONTO - Blackstone Group is shopping around its $900-million portfolio of Canadian office buildings. The U.S. private equity group is lookin...

3M Chief Executive: 'Obama Is Robin Hood-Esque'

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

The CEO of industrial giant 3M has blasted Obama as "anti-business," joining the ranks of executives who accused the White House of not understanding ...

Private Equity Billionaire: I'm Getting A Huge, Unjustified Tax Break

nytimes.com | PETER LATTMAN | Posted 05.25.2011 | Business

Peter G. Peterson, the billionaire co-founder of the Blackstone Group, was the subject of Deborah Solomon's "Questions For" column in The New York Tim...

SEC Probes Banks, Funds Over International Bribery Concerns

Posted 05.25.2011 | Business

(Reuters) The U.S. Securities and Exchange Commission is investigating whether banks and private-equity firms violated bribery laws in their dealings...

A Misguided Deficit Commission

Pearl Korn | Posted 05.25.2011 | Politics
Pearl Korn

The Obama Administration's Deficit Commission is at best errant in its mission and at worst a bait-and-switch ploy being run on the American people.

Fiscal Times Questions Elizabeth Warren's Candidacy

Huffington Post | Sara Yin | Posted 05.25.2011 | Business

The Fiscal Times, an online newspaper funded by Blackstone co-founder and former Council of Foreign Relations chair Peter Peterson, has published two ...

Reagan Budget Chief Blasts Obama's Economic Team

The Daily Beast | Posted 05.25.2011 | Business

Federal Reserve Chairman Ben Bernanke "is a math teacher, he's not a central banker," former White House Budget Director David Stockman scoffs. "He is...

Commercial Real Estate: Why Hasn't It Crashed?

money.cnn.com | Heidi N. Moore | Posted 05.25.2011 | Business

Oddly, however, there is one sector that has been outrunning the reaper since 2007, and it's the last place you'd expect to have survived so long: com...