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A lot of the commenters, and the writer of the article, seem to miss the major point here. We are talking about BLACKSTONE, whose founder paid millions of doll
by numair 18y ago
A lot of the commenters, and the writer of the article, seem to miss the major point here. We are talking about BLACKSTONE, whose founder paid millions of dollars to have Rod Stewart sing at his 60th birthday, among other ridiculous displays of tacky financial dick-swinging. The company that paid 40-something billion for Equity Office, and 20-something billion for Hilton Hotels. This is the LAST company you'd allow to get away with this sort of ridiculous, cheap behavior.
And for those spouting the usual information wants to be free nonsense, you're probably not in the demographic of those reading the Financial Times. The FT and WSJ are two publications that tend to have exclusive, market-moving information that is extremely critical to the careers of many people (for example, the interview with Wen Jiabao of China this week had a lot of people involved in the Treasury market talking). This information is NOT available all over the web. If a blogger were to obtain just a single day's worth of FT scoops, he/she would be considered a genius.