How Does Private Equity Giant Blackstone Make Money?

Schwarzman and his mentor Peter Peterson left Lehman Brothers to co-found Blackstone with $400,000

Dear Shareholder

After reading Dear Shareholder, I was reminded of “Outsiders” which I introduced on this blog.

How does IBM make money? What’s next?

The predecessor of IBM was ITR, which was founded in 1906. Later, the two companies merged and CTR (Computing Tabulating Recording) was established in 1911.

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