New Wall Street Tragicomedy `schwarzman's Billions' Features Blackstone Ceo

by thestreet.com posted 1year ago 43 views
Click to view a price quote on KKR. : In the 1985 film "Brewster's Millions," the late comedian and actor Richard Pryor plays a minor-league baseball pitcher who has to spend $30 million in 30 days to inherit a $300 million fortune. The plot is somewhat akin to the dilemma now confronting big U.S. private-equity firms including Blackstone Group (BX - Get Report) and Apollo Global Management (APO - Get Report)  . But instead of millions, it's hundreds of billions.

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