Truth in public relations, Blackstone edition

By Felix Salmon
August 14, 2009
Scott Malone of Reuters phoned for a reaction:

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Blackstone’s Steve Schwarzman made a ridiculous $702 million last year, according to The Corporate Library, and Scott Malone of Reuters phoned for a reaction:

“This is absurd,” said Blackstone spokesman Peter Rose.

Well, yes, Peter, it is. But maybe not in the sense that you mean.

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