Closing Down the Billionaire Factory


Matt Stoller has a guest author who wrote the article Closing Down the Billionaire Factory.

In a memoir with the cringeworthy title “What It Takes: Lessons in the Pursuit of Excellence”, Stephen Schwarzman, the co-founder of Blackstone explains how his private equity giant came to control money from the nation’s largest public pension funds.

I have known some of this before, but this is worse than I thought.

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