Blackstone invests in troubled mortgage insurer PMI

The Blackstone Group bought a stake in troubled mortgage insurer PMI, apparently continuing its strategy to bet on companies for which prices plunged following the financial crisis. California-based PMI was More...

Steve Schwarzman of Blackstone: The Next Financial Crisis is here

  Blame the government, not Wall Street for the next financial crisis. That’s what billionaire private equity boss Steve Schwarzman argues in an op-ed he authored in The Wall Street Journal that More...

Schwarzman, Black: Go East, Young Man… to Europe

Two private equity legends, Steve Schwarzman, CEO of Blackstone Group, and Leon Black, CEO of Apollo Global Management, offered their top investment ideas at the Milken Institute Global Conference. Europe More...

Bloomberg Businessweek Celebrates 85th Anniversary, Chronicles the Most Disruptive Ideas of the Past 85 Years

Bloomberg Businessweek Celebrated its 85th Anniversary with a huge bash at the American Museum of Natural History in New York City hosted by Seth Meyers. The festivities included a performance by Lady Gaga and More...