By David Carey,John E. Morris
ISBN-10: 0307452999
ISBN-13: 9780307452993
ISBN-10: 0307886026
ISBN-13: 9780307886026
ISBN-10: 1452650004
ISBN-13: 9781452650005
In King of Capital, David Carey and John Morris express how Blackstone (and different inner most fairness organisations) reworked themselves from gamblers, hostile-takeover artists, and ‘barbarians on the gate’ into disciplined, risk-conscious traders whereas the monetary establishment—banks and funding bankers resembling Citigroup, undergo Stearns, Lehman, UBS, Goldman Sachs, Merrill Lynch, Morgan Stanley—were recklessly assuming hazards, leveraging as much as astronomical degrees and using the economic system to the edge of catastrophe. Now, now not in basic terms have Blackstone and a small coterie of opponents wrested keep watch over of enterprises around the world, yet they've got emerged as a significant strength on Wall road, difficult the likes of Goldman Sachs and Morgan Stanley for dominance.
Insightful and hard-hitting, jam-packed with never-before-revealed information about the workings of a heretofore secretive corporation that was once the private fiefdom of Schwarzman and Peter Peterson, King of Capital exhibits how Blackstone and personal fairness will force the economic system and supply a version for a way financing will paintings within the years to come.
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Additional info for King of Capital: The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone
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King of Capital: The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone by David Carey,John E. Morris
by Kenneth
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