Financial Times reports:
"Blackstone co-founders Pete Peterson and Steve Schwarzman will together reap as much as $2.6bn from the US buy-out group’s initial public offering, the firm revealed on Monday in an unprecedented disclosure of its compensation details."
It's amazing the kind of chump change people will work for:
"In Monday’s filing with the Securities and Exchange Commission, Blackstone said Mr Schwarzman earned $398.3m in salary and gains from investments last year, while Mr Peterson earned $212.9m and Tony James, the chosen successor to Mr Schwarzman, earned $97.3m."
I'd have to quit eating to buy gasoline...
As I have often said " Poverty should be a capitol offense" And the poverty levels should be increased two-fold.[ unless you will work for cheap]
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