Peter G. Peterson News
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Stephen Schwarzman, the billionaire chairman of Blackstone Group LP, is setting up a $300 million scholarship for foreign students to attend China’s Tsinghua University, the alma mater of senior officials including President Xi Jinping.
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Against a backdrop of exhibits at New York’s Museum of American Finance highlighting the U.S.’s financial history, Blackstone Group LP Chairman Emeritus Peter G. Peterson told patrons and supporters of the museum that the country’s future could be harmed by its national debt.
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Wait. Stop. What are we arguing about? I hate to spoil the fun, but deficit hawks and deficit doves are actually in agreement about how this sucker should play out.
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Wall Street financier Peter G. Peterson got a decent return on his investment last week when Senate Republicans ended the Democrats’ third attempt to push though an extension of unemployment benefits and President Barack Obama failed to persuade his European counterparts at the Group of 20 meeting in Toronto to maintain economic stimulus programs.
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The federal budget deficit will total $845 billion this year, the first time in five that the gap between taxes and spending will be less than $1 trillion, according to a government report.
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Stephen Schwarzman, co-founder and chief executive officer of Blackstone Group LP, received $213.3 million in pay and cash dividends last year, the private-equity firm reported yesterday in a filing, almost matching his payout of $213.5 million a year earlier.
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Stephen A. Schwarzman , in a royal- blue tie that matched his wife’s dress, dined on lobster salad last night at the New York Public Library’s Centennial Gala.
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President Barack Obama and Republican nominee Mitt Romney made competing assertions during their foreign policy debate yesterday in Boca Raton, Florida. How did they square with the facts?
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An 800-pound gorilla, the joke goes, can sleep wherever it wants. Blackstone Group LP, manager of the world’s largest real estate fund, has no time to rest.
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Blackstone Group LP Chairman Stephen Schwarzman said the U.S. economy is showing hopeful signs, particularly on housing and energy, as “Washington infighting is at its worst.”
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