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

King of Capital: The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and BlackstoneThe story of Steve Schwarzman, Blackstone, and a financial revolution, King of Capital is the greatest untold success story on Wall Street In King of Capital, David Carey and John Morris show how Blackstone (and other private equity firms) transformed themselves from gamblers, hostile takeover artists, and 'barbarians at the gate' into disciplined, risk conscious investors while the financial establishment banks and investment bankers such as

The story of Steve Schwarzman, Blackstone, and a financial revolution, King of Capital is the greatest untold success story on Wall Street

In King of Capital, David Carey and John Morris show how Blackstone (and other private equity firms) transformed themselves from gamblers, hostile-takeover artists, and 'barbarians at the gate' into disciplined, risk-conscious investors while the financial establishment--banks and investment bankers such as Citigroup, Bear Stearns, Lehman, UBS, Goldman Sachs, Merrill Lynch, Morgan Stanley--were recklessly assuming risks, leveraging up to astronomical levels and driving the economy to the brink of disaster. Now, not only have Blackstone and a small coterie of competitors wrested control of corporations around the globe, but they have emerged as a major force on Wall Street, challenging the likes of Goldman Sachs and Morgan Stanley for dominance.

Insightful and hard-hitting, filled with never-before-revealed details about the workings of a heretofore secretive company that was the personal fiefdom of Schwarzman and Peter Peterson, King of Capital shows how Blackstone and private equity will drive the economy and provide a model for how financing will work in the years to come.

Binding Type: Paperback
Publisher: Currency
Published: 02/07/2012
ISBN: 9780307886026
Pages: 391
Weight: 0.66lbs
Size: 7.90h x 5.10w x 1.00d