Private equity firms make loads of money when their schemes succeed and lose very little when they fail.
Tag: Blackstone Group, The
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Stress Builds as Office Building Owners and Lenders Haggle Over Debt
The health of banks and cities and the nation’s economy could hinge on high-stakes negotiations over commercial real estate loans.
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Finance Companies Target Exonerated Prisoners With High Interest Advances
Many former prisoners are broke until state settlements arrive. Tiding them over has become a niche market for finance firms. An investment can reap 33 percent interest.
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Big Donors Like Steve Schwarzman Back Away From Donald Trump
Deep-pocketed conservatives, including Stephen A. Schwarzman and Kenneth C. Griffin, said they plan to back alternatives to the former president.
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Clean Energy Tax Break Draws Scrutiny of Natural Gas Plan in New Mexico
A defunct New Mexico coal plant would be revamped with the help of subsidies authorized by the new climate legislation, but a plan to rely on natural gas converted into hydrogen has generated criticism.