The Chinese Communists have invested a LOT of money in Schwarzman's Blackstone.
...Schwarzman said it was Leung who was by his side when he first met with Xi Jinping during the future president’s short stint as party secretary of Shanghai in 2007, and it was Leung who helped arrange for $3 billion in funding for Blackstone’s June 2007 IPO from China Investment Corp (CIC), a sovereign wealth fund created by the CCP.
“When we were going public in 2007, we were planning a $4 billion IPO and the government of China came in and asked can we buy $3 billion of the $4 billion IPO?” Schwarzman told The Economic Times in 2020. “This was sort of a shock because I have not been to China since 1990 and nobody buys three quarters of an IPO.”
“So, what we did is, we just increased it to $7 billion and we became the world’s second largest IPO of the decade after Google,” Schwarzman told The Economic Times. “As a result of this, it was for the first time China had bought an equity interest in a public company outside of China, since modern China was established in 1949.”...
How very sweet of them!
We're certain that Schwarzman's activities have NEVER been influenced by the ChiComs ever since, of course.
1 comment:
isnt BlackStone the operation buying up all the homes to make the middle class all renters instead of home buyers?
Stephen Allen Schwarzman Education: Yale University (BA), Harvard University (MBA)....Going too these universities seem to be a pattern on these dirtbags..
http://www.milobookclub.com/2014/01/07/protocols-of-learned-elders-of-wye/
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