07.11.2008 Opalesque Exclusive: Blackstone sees fee income rise amidst negative 3Q08 reported revenues
From the Opalesque team: The Blackstone Group LP’s third quarter investor conference call began at a few minutes after 11:00 am ET on Thursday morning and by the time it finished the “good sized recession” Chairman and CEO Stephen Schwarzman expects to rumble through the US and Europe could be heard approaching as the DJIA had dropped a further -175 points.

Although the firm posted a ($509

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