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King of Capital: the Remarkable Rise

King of Capital: The Remarkable Rising, Autumn, and Ascent Once again of Steve Schwarzman and Blackstone

9780307452993: King of Capital: The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone

The untold story of Steve Schwarzman and Blackstone, the financier and his fiscal powerhouse who avoided the self-destructive tendencies of Wall Street; how Blackstone (and other individual equity firms) transformed from existence gamblers, hostile takeover artists, and "barbarians at the gate" into disciplined, take chances-conscious investors. The financial institution banks and investment bankers such equally Citigroup, Acquit Stearns, Lehman, UBS, Goldman Sachs, Merrill Lynch, Morgan Stanley were the cowboys, recklessly assuming risks, leveraging up to astronomical levels and driving the economic system to the brink of disaster. Blackstone is now fix to interruption out once again since it is sitting on billions of dollars that tin exist invested at a time when the market is starved for capital letter. This book is rough cut, which means the pages are unevenly cutting to requite the book a distinctive look and feel.

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Review:

King of Capital aspires to exist a serious portrait of Blackstone and the fashion that Schwarzman and then brilliantly built it upwards, scoring numerous coups along the way and avoiding the mistakes of many competitors. And it does a fine job in what it sets out to do. --The Fiscal Times, 20/ten/2010

New book offers fresh portrait of buyout powerhouse...The authors were given rare admission to Blackstone s inner circle and have produced an intimate portrait of the secretive firm. --Financial News, 18/x/2010

About the Author:

DAVID CAREY is senior writer for The Deal, a news service and mag roofing private disinterestedness and mergers and acquisitions. Before joining The Deal he was the editor of Corporate Finance magazine and wrote for Adweek, Fortune, Institutional Investor, and Financial Earth.

JOHN Eastward. MORRIS, now an editor with Dow Jones Investment Banker, was for many years an assistant managing editor at The Deal in New York and London and before that was an editor and writer at The American Lawyer magazine.

To discover out more visit: www.king-of-capital.com

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