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Steven Schwarzman
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Latest Headlines
Blackstone Group supports public employee unions
The wacky state of the financial services industry is making for some odd bedfellows. The latest: Blackstone Group, headed by CEO Steven Schwarzman, put out a statement in support of public employee pensions and pensioners.
"Blackstone's view on public employee pensions is clear and unambiguou
Worth the wait: Blackstone IPO to pay off?
Back in June 2007, Blackstone dazzled the alternative investment world when it went public, but the honeymoon was short lived. The stock didn't fare well in the aftermarket, and was often seen as one of those "signs of the times." Few other private equity firms ( private equity news) were able
A new new era for private equity?
Until the credit crunch socked the economy, we had bought into the idea that the private equity industry was in a Golden Era. The king pins of the buyouts game--the likes of Henry Kravis and Steven Schwarzman--were riding high. They were adored by society, revered as capitalism giants. The PR,
Dubious distinction for Blackstone
As more alternative investment firms manage to list themselves publicly, they are opening themselves up to an additional layer of criticism, the type usually reserved for public companies. The Blackstone Group has found itself on top of the Corporate Library's annual list of companies paying its t
Fortune Power 25 short on bank execs
The most powerful business people on the planet. You might think that the financial world would be well represented. Perhaps two years ago, they would have been more plentiful on the list. But only four financial services executives made the list. Goldman Sachs ' CEO Lloyd Blankfein was the hi
The biggest earners on Wall Street in 2007
We all know about hedge fund manager John Paulson's $3 billion take in 2007. Chances are you've heard of George Soros' stunning $2.4 billion or so take, as well. You would think the Forbes list of top earners would be interesting because it goes beyond hedge fund managers, but the first 15 s
