KingofCapital_TheRemarkableRise,Fall,and.epub

Copyright © 2010 by David Carey and John E. Morris All rights reserved. Published in the United States by Crown Business, an imprint of the Crown Publishing Group, a division of Random House, Inc., New York. www.crownpublishing.com CROWN BUSINESS is a trademark and CROWN and the Rising Sun colophon are registered trademarks of Random House, Inc. Library of Congress Cataloging-in-Publication Data Carey, David (David Leonard), 1952– King of capital / David Carey and John E. Morris. — 1st ed. p. cm. 1. Blackstone Group. 2. Private equity. 3. Consolidation and merger of corporations. 4. Leveraged buyouts. 5. Financial services industry—United States. 6. Investment advisors— United States. I. Morris, John E., 1957– II. Title. HG4571.C37 2010 338.8’3–dc22 2010018286 eISBN: 978-0-307-45301-3 v3.1 Dedicated to our parents, Robert B. and Elizabeth S. Morris and Miriam Carey Berry, and to the memory of Leonard A. Carey CONTENTS COVER TITLE PAGE COPYRIGHT DEDICATION CHAPTER 1: The Debutants CHAPTER 2: Houdaille Magic, Lehman Angst CHAPTER 3: The Drexel Decade CHAPTER 4: Who Are You Guys? CHAPTER 5: Right ......