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

" Strippers and Flippers . . . or a New Positive Force Helping to Drive the Economy . . . /B>he untold story of Steve Schwarzman and Blackstone, the financier and his financial powerhouse that avoided the self-destructive tendencies of Wall Street. 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. he financial establishment-banks and investment bankers such as Citigroup, Bear Stearns, Lehman, UBS, Goldman Sachs, Merrill Lynch, Morgan Stanley-were the cowboys, recklessly assuming risks, leveraging up to astronomical levels and driving the economy to the brink of disaster. lackstone is now ready to break out once again since it is sitting on billions of dollars hat can be invested at a time when the market is starved for capital. B>The story of a financial revolution-the greatest untold success story on Wall Street- 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 o