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

David Carey , David Carey And John E Morris

Physical

In Circulation

The story of Steve Schwarzman, Blackstone, and a financial revolution, King of Capital is the greatest untold success story on Wall Street

 In King of Capital, David Carey and John Morris show how Blackstone (and other private equity firms) transformed themselves from gamblers, hostile-takeover artists, and ‘barbarians at the gate’ into disciplined, risk-conscious investors while the financial establishment—banks and investment bankers such as Citigroup, Bear Stearns, Lehman, UBS, Goldman Sachs, Merrill Lynch, Morgan Stanley—were recklessly assuming risks, leveraging up to astronomical levels and driving the economy to the brink of disaster. Now, not only have Blackstone and a small coterie of competitors wrested control of corporations around the globe, but they have emerged as a major force on Wall Street, challenging the likes of Goldman Sachs and Morgan Stanley for dominance. 

Insightful and hard-hitting, filled with never-before-revealed details about the workings of a heretofore secretive company that was the personal fiefdom of Schwarzman and Peter Peterson, King of Capital shows how Blackstone and private equity will drive the economy and provide a model for how financing will work in the years to come.

What will you learn from this book

  1. Entrepreneurial Journey:

    • The book likely explores Steve Schwarzman's entrepreneurial journey, detailing how he co-founded Blackstone and the challenges he faced.
  2. Private Equity Landscape:

    • It may provide an in-depth look at the private equity industry and Blackstone's role in shaping it.
  3. Financial Innovation:

    • Insights into the financial innovations and strategies employed by Blackstone to navigate the complex world of private equity.
  4. Leadership Lessons:

    • The book might extract leadership lessons from Steve Schwarzman's experiences, shedding light on his management style and decision-making.
  5. Market Dynamics:

    • Offers perspectives on the market dynamics that influenced Blackstone's growth, fall, and subsequent recovery.
  6. Crisis Management:

    • Explores how Blackstone and Steve Schwarzman navigated challenges, including economic downturns or other crises.
  7. Investment Strategies:

    • Examines Blackstone's investment strategies and how they evolved over time in response to market conditions.
  8. Global Expansion:

    • Details Blackstone's global expansion and its impact on the firm's success and challenges.
  9. Financial Resilience:

    • Explores how Blackstone and Steve Schwarzman demonstrated resilience in the face of setbacks and market fluctuations.
  10. Legacy and Impact:

    • Discusses the lasting legacy of Steve Schwarzman and Blackstone in the financial world and their impact on the private equity industry.
Language English
ISBN-10 0307886026
ISBN-13 9780307886026
No of pages 400
Font Size Medium
Book Publisher currency
Published Date 07 Feb 2012

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