George Carlin’s Influence On Tennis Playing Steve Schwarzman
As you, but not Yahoo!, know, George Carlin died yesterday. In his role as Kennedy Center chair, Steve Schwarzman said of Carlin, who was named the winner of the Mark Twain Prize for American Humor,...
View ArticleJealous Much?
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View ArticleThe Dark Side Of Being Rich Enough To Afford $400 Crab Legs
“And I just hate that I’ve been locked into this whole $400 crab legs shtick thing. Like, it was funny at first but now it’s all people see me as, and it’s sort of taken over my entire identity and I...
View ArticleThe Only Thing Worse Than A Backhanded Compliment Is A Crabhanded One
LAST month, as Henry R. Kravis, the co-founder of Kohlberg Kravis Roberts & Company, and his wife, Marie-Josée, took their seats at the Water Cube in Beijing for a session of synchronized diving at...
View ArticleNow You’ve Done It. You Pissed Off Steve.
I am both saddened and outraged to have to tell you that the SEC has brought a civil complaint today against Ramesh Chakrapani in our Corporate Advisory Services Group, charging him with passing on...
View Article45% Of World’s Wealth Destroyed (.45% By Blackstone)
Steve was kind enough to take some time out of his day to ruminate on the financial crisis over a seafood platter. In summary: This blows, thanks to ratings agencies and mark-to-market accounting, but...
View ArticleGuess Who Gets a Discount on Their Next Goldman CDO
“We’ve been working with Goldman Sachs since Blackstone was founded almost 25 years ago and I’ve been personally working with them for over 40 years, and we’ve never had any circumstance where there’s...
View ArticleDear Wynnefield Investors. . .
Investors in Wynnefield Capital (Oscar Tang, Michael Steinhardt, Chuck Royce, Stephen Schwarzman, Larry Leeds, Michael Kassen, Walter Stern, Edward McAree) are up 17 percent year-to-date. But an...
View ArticleSteve Schwarzman’s Other Two Great Loves: Chicks And Ballet
In King of Capital, a new book out this week by David Carey and John Morris, the authors chronicle the deals and personalities that shaped the Blackstone Group, starting with how its founders, Steve...
View ArticleLarry Fink: The Biggest Mistake I Ever Made Was Doubting My Own Sheer Fucking...
As previously discussed, CNBC has been running a new series of interviews in which Becky Quick sits down with some financial heavyweight and asks him to discuss the “worst trade” he ever made. While...
View ArticleSteve Schwarzman Is “Still Upset” About This One Time He Lost Money On A...
Do you remember what you were doing in June 1986? Steve Schwarzman does. He was sitting in his office at Blackstone asking two employees with divergent opinions on the firm’s third-ever potential...
View ArticleStephen Schwarzman’s Tip For America: You Want Your Belt To Buckle, Not The...
“We actually have to relaunch America. It’s not just taxes, it’s not just spending, there’s a spirit and confidence that has been strained to breaking point,” Stephen Schwarzman said yesterday. “We’re...
View ArticleSteve Schwarzman Has Some Helpful Ideas For Obama
He gets it: no more comparing Obama to Hitler. The new plan is subtlety, which is why the Blackstone boss took to the FT today to show the President an olive branch. Then he whacked Obama with it...
View ArticleSteve Schwarzman Is Not Above Shuffling A Few Pieces Of Paper To Keep Nosy...
Unlike some private equity famewhores, Steve Schwarzman is a modest, retiring type who shuns all ostentation and just wants to be left alone with his crabs. So it’s not surprising that he doesn’t want...
View ArticlePrivate Equity Funds Will Start Earning 30% IRRs For Teachers’ Pensions Again...
If you work in private equity the last few months have not been kind to you. Man, dog, and Newt have all been ganging up on the industry, and it has not been helped by faux pas from its most famous...
View ArticleSteve Schwarzman Can’t Help But Make Money Hand Over Fist: Steve Schwarzman
The word's "earnings machine" were used.
View ArticleIf Steve Schwarzman Were 30 Years Younger, He’d Be A California Boy
The Blackstone chief is staying put in New York, but perhaps you'll go west in his place?
View ArticleHillary Emails Reveal Thirsty Exchanges With CME Group’s Duffy
Round 6 million of "Hillary Clinton is close to Wall Street."
View ArticleBonus Watch ’14: Good To Be The King
Stephen Schwarzman did pretty well for himself last year.
View ArticleJohn Kasich Might Just Be Wall Street’s Kind Of Crazy After All
A loudmouthed former Lehman exec with a liberal social agenda might be Wall Street's one last hope, because Trump.
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