Thursday, August 02, 2007

The Epicurean Dealmaker's exclusive scoop on Blackstone

The Epicurean Dealmaker: Penny Wise
Well, thanks to my talent for suborning disgruntled junior PE professionals, I can now report on the reactions of at least one altitudinally challenged squillionaire. It appears that Mr. Schwarzman has been taking time almost every day—even while on a less-than-satisfying French vacation—to record his reactions to the daily ups and downs of BX stock. No wonder, since for every penny BX shares move his personal net worth goes up or down by $2.5 million.

***Caution: DO NOT peruse TED's accompanying spreadsheet graphic while you are drinking a beverage, such as coffee. Failure to heed this warning may result in the need to purchase some of this.

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