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The NYPost is reporting that Blackstone's president, Tony James, is throwing a party at his house for Nancy Pelosi. Their sources tell the Post that James is throwing the party in his house to encourage Pelosi to vote against the proposed tax rate increase on carried interest, the profits people make on money they have invested. Raising taxes on carried interest is a hot topic because carried interests isn't really income, but some people want to tax it as if it were.
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The Hill is reporting overnight Nancy Pelosi is caving to the House Republican protest. House Speaker Nancy Pelosi on Monday night dropped her staunch opposition to a vote on offshore oil drilling in the House. Republicans, reac... Post Profile

During a media call last Thursday, Blackstone Group president Tony James said: "We’ve had first closings in our cleantech fund and a final closing for BCP VI. We have a few investors still completing documentation and we current ant... Post Profile

The NYPost is reporting that Blackstone's president, Tony James, is throwing a party at his house for Nancy Pelosi. Their sources tell the Post that James is throwing the party in his house to encourage Pelosi to vote against the pr... Post Profile