My Wish Lists Login / Join

King of Capital

The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone

By: David Carey, John E. Morris

Write A Review

Paperback | 15 March 2012 | Edition Number 1

At a Glance

Paperback
400 Pages

Dimensions(cm)
2.5 x 13.3 x 20.3

Paperback

RRP $42.99

$33.75

21%OFF

or 4 interest-free payments of $8.44 with

In Stock and Ships next day

This unauthorized story by two insiders is filled with never-before-revealed details about the workings of a heretofore secretive company.

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.

Industry Reviews

"The authors ... [take] us from the early days of the Blackstone Group, when the firm was just two guys and a secretary, to the buyout boom, when Mr. Schwarzman's conspicuous consumption became a symbol of the new Gilded Age. In between, the book dives deeply into the firm's signature deals -- Celanese! Nalco! Distressed cable bonds! -- that made Mr. Schwarzman and his partners so rich. It also delivers some fun details about many of the now-famous Wall Street players that did tours of duty at the firm.
--New York Times DealBook

"Carey and Morris' thorough reporting offers a compelling look into the little understood Wall Street giant and the secrets of its success."
--Worth Magazine

"[R]anks as one of the most even-handed treatments of the industry. David Carey and John Morris . . . received unusual access to Blackstone. . . . This allowed them to chronicle the firm in full and entertaining fashion across its 25-year history."
--Bloomberg Brief - Mergers

"[A] broad history of private equity, with Blackstone as the touchstone."
--Fortune.com

"Check out "King of Capital" because it's got gossip, it's got brains, and it's as readable as hell. And it's got some really good Schwarzman stories too."
--The Deal

"King of Capital aspires to be a serious portrait of Blackstone and the way that Schwarzman so brilliantly built it up, scoring numerous coups along the way and avoiding the mistakes of many competitors. And it does a fine job in what it sets out to do."
--Financial Times

"The authors link Blackstone's history to the larger story of private equity's expansion and its relationship to corporate America. They offer a lucid explanation of how the debt markets evolved from junk bonds to securitised loans, changing the types of deals that private-equity firms were able to finance."
--The Economist

Shipping

	Standard Shipping	Express Shipping
Metro postcodes:	$9.99	$14.95
Regional postcodes:	$9.99	$14.95
Rural postcodes:	$9.99	$14.95

Orders over $79.00 qualify for free shipping.

How to return your order

At Booktopia, we offer hassle-free returns in accordance with our returns policy. If you wish to return an item, please get in touch with Booktopia Customer Care.

Additional postage charges may be applicable.

Defective items

If there is a problem with any of the items received for your order then the Booktopia Customer Care team is ready to assist you.

For more info please visit our Help Centre.

You Can Find This Book In

Non-Fiction Accounting & Finance Finance Corporate Finance Business & Management Ownership & Organisation of Enterprises Takeovers Investment & Securities Industry & Industrial Studies Service Industries Financial Services Industry Economics

Economic Systems & Structures Business Competition

Preface to the Paperback Edition	p. vii
The Debutants	p. 1
Houdaille Magic, Lehman Angst	p. 13
The Drexel Decade	p. 31
Who Are You Guys?	p. 45
Right on Track	p. 57
Running Off the Rails	p. 72
Presenting the Steve Schwarzman Show	p. 81
End of an Era, Beginning of an Image Problem	p. 90
Fresh Faces	p. 106
The Divorces and a Battle of the Minds	p. 118
Hanging Out New Shingles	p. 130
Back in Business	p. 136
Tuning In Profits	p. 148
An Expensive Trip to Germany	p. 158
Ahead of the Curve	p. 169
Help Wanted	p. 179
Good Chemistry, Perfect Timing	p. 196
Cash Out, Ante Up Again	p. 208
Wanted: Public Investors	p. 218
Too Good to Be True	p. 224
Office Party	p. 239
Going Public-Very Public	p. 255
What Goes Up Must Come Down	p. 278
Paying the Piper	p. 286
Value Builders or Quick-Buck Artists?	p. 301
Follow the Money	p. 321
Acknowledgments	p. 331
Notes	p. 333
Index	p. 379
Table of Contents provided by Ingram. All Rights Reserved.

King of Capital

The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone

At a Glance

Paperback

Industry Reviews

Shipping

How to return your order

Defective items

You Can Find This Book In

More in Corporate Finance

The Simple Path to Wealth (Revised & Expanded Edition)

To Protect Their Interests

The Invention and Exploitation of Corporate Bankruptcy

The Path to Enlightened Investor Stewardship

International Corporate Law and Financial Market Regulation

Corporate Finance, Global Edition

6th Edition

The Premonition

A Pandemic Story

The Man Who Solved the Market

How Jim Simons Launched the Quant Revolution SHORTLISTED FOR THE FT & MCKINSEY BUSINESS BOOK OF THE YEAR AWARD 2019

The Little Book of Valuation

Fully Updated and Revised Edition - How to Value a Company, Pick a Stock, and Profit

Post-Merger Integration

Building the Mindset, Skills, and Discipline Needed for Deal Success

The Dhandho Investor

The Low-Risk Value Method to High Returns

The 30 Day MBA in Business Finance

Your Fast Track Guide to Business Success

Venture Deals

Be Smarter Than Your Lawyer and Venture Capitalist

WHY listen to, work with and follow YOU?

The 3 Qualities of True Leaders

Green Gold

How Sustainability Creates Deal Value

Essentials of Corporate Finance ISE

11th Edition

Investment Banking

Valuation, LBOs, M &A, and IPOs (Book + Valuation Models)

The Intelligent Investor Third Edition

The Definitive Book on Value Investing

Investment Valuation

Tools and Techniques for Determining the Value of Any Asset

Fundamentals of Corporate Finance ISE

14th Edition

Reimagine Finance

The CFO's Leadership Playbook for the Age of AI, Data, and Digital

Multinational Business Finance, Global Edition

16th Edition

Corporate Governance Matters

Warren Buffett and the Interpretation of Financial Statements

The Search for the Company with a Durable Competitive Advantage

Cost-Benefit Analysis 5th edition

Concepts and Practice

HBR Guide to Buying a Small Business

Think Big, Buy Small, Own Your Own Company

This product is categorised by