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

"King of Capital ranks as one of the most even-handed treatments of the industry." ---Bloomberg Brief: Merger

. Morris is an editor with Dow Jones Investment Banker and a former assistant managing editor at the Deal in New York and London.George K. David Carey is a senior writer for the Deal, a news service and magazine covering private equity and mergers and acquisitions. Wilson has narrated over one hundred fiction and nonfiction audiobook titles, from Thomas L. Friedman to Thomas Pynchon, and has won several AudioFile Earphones Awards. He has followed the buyout industry for more than fiftee

A great human interest story, as well, it tells how Blackstone went from two guys and a secretary to being one of Wall Street's most powerful institutions-far outgrowing its much older rival KKR-and how Schwarzman, with a pay packet one year of $398 million and $684 million from the Blackstone IPO, came to epitomize the spectacular new financial fortunes amassed in the 2000s.. Insightful and hard-hitting, King of Capital is filled with never-before-revealed details about the workings of a heretofore secretive company that was the personal fiefdom of Steve Schwarzman and Peter Peterso

Very readable, interesting, but stops in 2011. A new edition is now necessary. Xavier Atlas Very readable book. I went thru the 300+ pages in five days of on and off reading, and it was very interesting to finally understand the mechanics behind some of the biggest LBO's ever. Also I learned a couple of financial things I did not know, and after saw the movie Wall Street with a different mindset, which made me understand it better. Having said that, the book was written in 2011-2012 and so it's dated. A new edition wi. "Must Read" according to William D. Byrne Jr. Riveting? No, some parts were tedious to an extreme. Readable? Yes, with fairly tight explanations of finance and techniques from the '80s to the present. My guess is the book should be a "must read" as an education process for the business. It will remain on my Kindle as a reference. It's a history lesson and a primer at the same time.. Avalon said this is a reporter's view - it lacks the power of an insider's up close understanding of the facts. This book is a fairly quick read that lays out the history of Blackstone and the origins of some of its spinoffs. Overall, I would say this book reads like a reporter's account of the facts of the situation. It does not have anywhere near the level of detail of an insider or someone that had intimate knowledge of the doings or workings of this firm. For that reason, i was a little disappointed with this book as it did not descr