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![]() | This edit request by an editor with a conflict of interest has now been answered. |
Information to be added: In 2020, he signed The Giving Pledge, committing to give the majority of his wealth to philanthropic causes. [1]
ThomasClements Blackstone ( talk) 20:21, 26 February 2020 (UTC)
Is his getting a D- in high school verifiable? Gkapur 23:36, 25 February 2007 (UTC) Gkapur
I notcied that it linked to the wrong Saul Steinberg for who he bought his apartment from. I don't know how to fix this, but it should be the investor Saul Steinberg.
This page needs a section about controversies surrounding Schwarzman and private equity--particularly proposed increases in private equity tax. Also mentioned should be criticism of Schwarzman from the media and from others in private equity (that he is 'responsible' for the movement to increase taxes on carried interest). Overall, this article is shockingly short and lacking in detail given his current fame and status.
Removed the citation needed tag because it was done in 2008 and it seemed like the article was sufficiently cited. Cleanelephant ( talk) 01:39, 10 January 2012 (UTC)
Here's a story from the NYT that uses the example of the Twinkie deal to explain exactly how private equity firms work and how they make their money. It doesn't criticize them particularly; it just explains what they do.
http://www.nytimes.com/2016/12/10/business/dealbook/how-the-twinkie-made-the-super-rich-even-richer.html
How the Twinkie Made the Super-Rich Even Richer
Behind the financial maneuvering at Hostess, an investigation by The New York Times found a blueprint for how private equity executives have amassed some of the greatest fortunes of the modern era.
By MICHAEL CORKERY and BEN PROTESS
New York Times
Dec. 10, 2016
Nowhere was it sweeter, perhaps, than at the investment firms Apollo Global Management and Metropoulos & Company, which spent $186 million in cash to buy some of Hostess’s snack cake bakeries and brands in early 2013.
Less than four years later, they sold the company in a deal that valued Hostess at $2.3 billion. Apollo and Metropoulos have now reaped a return totaling 13 times their original cash investment.
Behind the financial maneuvering at Hostess, an investigation by The New York Times found a blueprint for how private equity executives like those at Apollo have amassed some of the greatest fortunes of the modern era....
Stephen A. Schwarzman, a co-founder of Blackstone, took home the largest haul last year: nearly $800 million. He and other private equity executives receive more annually than the leaders of Facebook and Apple, companies that revolutionized the way society communicates.
-- Nbauman ( talk) 15:44, 10 December 2016 (UTC)
http://nypost.com/2009/05/24/vultures-play-book/
http://www.newyorker.com/magazine/2008/02/11/the-birthday-party-2
So much missing considering all.... Wikipietime ( talk) 16:29, 22 August 2017 (UTC)
Hello fellow Wikipedians,
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--some proposed changes--
![]() | This edit request by an editor with a conflict of interest has now been answered. |
Information to be removed: "In August 2010, Schwarzman compared the Obama administration's plan to raise the tax rate on carried interest to Hitler's invasion of Poland in 1939, for which Schwarzman later apologized."
Explanation of issue: This is duplicative of the 'political and economic views' section that details the same events.
ThomasClements Blackstone ( talk) 19:14, 6 December 2018 (UTC)
ThomasClements Blackstone ( talk) 16:03, 18 January 2019 (UTC)
![]() | This edit request by an editor with a conflict of interest has now been answered. |
Information to be added: "In 2018, Schwarzman Donated $10 million to establish a new education center at The National Library of Israel campus in Jerusalem. The center, scheduled to open in 2021, will function as the primary location for cross cultural educational programming which is a centerpiece of the renewed mission of the NLI."
Explanation of issue: The gift above is currently missing and reflects his philanthropic work. References supporting change: [2] [3] [4]
ThomasClements Blackstone ( talk) 23:24, 3 February 2019 (UTC)
References
![]() | This edit request by an editor with a conflict of interest has now been answered. |
Information to be added: In December 2018, Schwarzman was awarded the Order of the Aztec Eagle, Mexico’s highest honor for foreigners, by President Enrique Peña Nieto in recognition of Schwarzman’s work on behalf of the U.S. in support of the U.S.-Mexico-Canada Agreement. Explanation of the issue: This was a significant event recognizing Schwarzman's involvement in the U.S.-Mexico-Canada Agreement. References supporting the change: [1] [2] [3] ThomasClements Blackstone ( talk) 23:40, 3 February 2019 (UTC)
References
![]() | Part of an edit requested by an editor with a conflict of interest has been implemented. [See below] |
Information to be added:
Extended content
|
---|
In 2018, Schwarzman Donated $10 million to establish a new education center at The National Library of Israel campus in Jerusalem. The center is scheduled to open in 2021. Explanation of the issue: Per the above comments from Grayfell this is a revised request. Similarly, this includes one more'prominent' international publisher, including US News and Bloomberg. The significance, according to the US News/AP article is summarized in the sentence below. The gift is part of a larger more widely reported project to construct the new National Library of Israel campus. "The donation will fund classrooms and education workshops Schwarzman hopes will foster inclusiveness and "cross-cultural relationships" between Jews, Christians and Muslims." References supporting the change: https://www.usnews.com/news/news/articles/2018-02-08/billionaire-trump-adviser-donates-to-israel-national-library https://www.bloomberg.com/news/articles/2018-03-02/schwarzman-durant-buy-prom-king-status-philanthropy-tracker
Information to be added: In December 2018, Schwarzman was awarded the Order of the Aztec Eagle, Mexico’s highest honor for foreigners, by President Enrique Peña Nieto in recognition of Schwarzman’s work on behalf of the U.S. in support of the U.S.-Mexico-Canada Agreement. Explanation of the issue: This was a significant event recognizing Schwarzman's involvement in the U.S.-Mexico-Canada Agreement. This award was announced via a press release from the President of Mexico. When the new administration took over, they deleted all historical press releases from the government site. A search of historical cached pages shows the release: https://www.gob.mx/presidencia/prensa/president-epn-confers-mexican-order-of-aztec-eagle-on-co-founder-and-ceo-of-the-blackstone-group-stephen-allen-schwarzman (adding one more article): https://www.eluniversal.com.mx/english/pena-honor-kushner
Information to be deleted: "Blackstone, with "$360 billion in assets", is expanding into infrastructure investments.[24] Blackstone Group joined Saudi Arabia in May 2017 in a $40 billion fund to invest in stateside[clarification needed] infrastructure projects. Saudi Arabia will provide 50% of the fund which could lead to "$100 billion in total infrastructure investments on a leveraged basis".[24]" Explanation of the issue: This is just one of Blackstone’s 10+ investing businesses – including only this is inaccurate and misleading – it would be more appropriate on the Blackstone company page.
Information to be added: In 2018, MIT announced the creation of the Stephen A. Schwarzman College of Computing, made possible by a $350 million foundational gift from Schwarzman. The new college reorients MIT to bring the power of computing and AI to all fields of study and will look to advance the ethical considerations alongside the technology. This represents the most significant structural change to MIT since the early 1950s and creates 50 new faculty positions. Explanation of issue: This is an omission from his current philanthropic profile. It is the largest single gift he has given and has been verified by multiple major publications, broken out below: References supporting the addition: • New York Times: https://www.nytimes.com/2018/10/15/technology/mit-college-artificial-intelligence.html • Financial Times: https://www.ft.com/content/06d44278-d07d-11e8-a9f2-7574db66bcd5 • Boston Globe: https://www.bostonglobe.com/metro/2018/10/15/mit-announces-billion-outlay-for-study-artificial-intelligence-computing/8AhIrHXhTIpoKiFI90SvCM/story.html |
ThomasClements Blackstone ( talk) 15:37, 4 February 2019 (UTC)
Below you will see where proposals from your request have been quoted with reviewer decisions and feedback inserted underneath, either accepting, declining or otherwise commenting upon your proposal(s). Please read the enclosed notes within the proposal review section below for information on each request.
Spintendo
04:09, 5 February 2019 (UTC)
Proposal review 4-FEB-2019
|
---|
|
![]() | This edit request by an editor with a conflict of interest has now been answered. |
Information to be added: In 2018, MIT announced the creation of the Stephen A. Schwarzman College of Computing, made possible by a $350 million foundational gift from Schwarzman. In 2018, Schwarzman donated $10 million to establish a new education center at The National Library of Israel campus in Jerusalem.
Explanation of the issue: Per User: Spintendo, removed any mention of future plans and instead referenced the donation/announcement of donations themselves, which has occurred.
References supporting the change:
National Library of Israel - https://www.usnews.com/news/news/articles/2018-02-08/billionaire-trump-adviser-donates-to-israel-national-library https://www.bloomberg.com/news/articles/2018-03-02/schwarzman-durant-buy-prom-king-status-philanthropy-tracker MIT College of Computing - New York Times: https://www.nytimes.com/2018/10/15/technology/mit-college-artificial-intelligence.html Financial Times: https://www.ft.com/content/06d44278-d07d-11e8-a9f2-7574db66bcd5 Boston Globe: https://www.bostonglobe.com/metro/2018/10/15/mit-announces-billion-outlay-for-study-artificial-intelligence-computing/8AhIrHXhTIpoKiFI90SvCM/story.html
ThomasClements Blackstone ( talk) 15:06, 5 February 2019 (UTC)
Edit request implemented
Spintendo
17:49, 5 February 2019 (UTC)
The UN’s housing advisor has accused private equity firms and one of the world’s largest corporate residential landlords, Blackstone Group, of exploiting tenants, “wreaking havoc” in communities and helping to fuel a global housing crisis.<ref></refhttps://www.theguardian.com/profile/patrickbutler — Preceding unsigned comment added by 184.147.123.251 ( talk) 02:05, 15 January 2020 (UTC)
This is the
talk page for discussing improvements to the
Stephen A. Schwarzman article. This is not a forum for general discussion of the article's subject. |
Article policies
|
Find sources: Google ( books · news · scholar · free images · WP refs) · FENS · JSTOR · TWL |
This article must adhere to the biographies of living persons (BLP) policy, even if it is not a biography, because it contains material about living persons. Contentious material about living persons that is unsourced or poorly sourced must be removed immediately from the article and its talk page, especially if potentially libellous. If such material is repeatedly inserted, or if you have other concerns, please report the issue to this noticeboard.If you are a subject of this article, or acting on behalf of one, and you need help, please see this help page. |
![]() | This article is rated C-class on Wikipedia's
content assessment scale. It is of interest to multiple WikiProjects. | |||||||||||||||||||||||||||||||||||||||||||||||
|
![]() | The
Wikimedia Foundation's
Terms of Use require that editors disclose their "employer, client, and affiliation" with respect to any paid contribution; see
WP:PAID. For advice about reviewing paid contributions, see
WP:COIRESPONSE.
|
![]() | This edit request by an editor with a conflict of interest has now been answered. |
Information to be added: In 2020, he signed The Giving Pledge, committing to give the majority of his wealth to philanthropic causes. [1]
ThomasClements Blackstone ( talk) 20:21, 26 February 2020 (UTC)
Is his getting a D- in high school verifiable? Gkapur 23:36, 25 February 2007 (UTC) Gkapur
I notcied that it linked to the wrong Saul Steinberg for who he bought his apartment from. I don't know how to fix this, but it should be the investor Saul Steinberg.
This page needs a section about controversies surrounding Schwarzman and private equity--particularly proposed increases in private equity tax. Also mentioned should be criticism of Schwarzman from the media and from others in private equity (that he is 'responsible' for the movement to increase taxes on carried interest). Overall, this article is shockingly short and lacking in detail given his current fame and status.
Removed the citation needed tag because it was done in 2008 and it seemed like the article was sufficiently cited. Cleanelephant ( talk) 01:39, 10 January 2012 (UTC)
Here's a story from the NYT that uses the example of the Twinkie deal to explain exactly how private equity firms work and how they make their money. It doesn't criticize them particularly; it just explains what they do.
http://www.nytimes.com/2016/12/10/business/dealbook/how-the-twinkie-made-the-super-rich-even-richer.html
How the Twinkie Made the Super-Rich Even Richer
Behind the financial maneuvering at Hostess, an investigation by The New York Times found a blueprint for how private equity executives have amassed some of the greatest fortunes of the modern era.
By MICHAEL CORKERY and BEN PROTESS
New York Times
Dec. 10, 2016
Nowhere was it sweeter, perhaps, than at the investment firms Apollo Global Management and Metropoulos & Company, which spent $186 million in cash to buy some of Hostess’s snack cake bakeries and brands in early 2013.
Less than four years later, they sold the company in a deal that valued Hostess at $2.3 billion. Apollo and Metropoulos have now reaped a return totaling 13 times their original cash investment.
Behind the financial maneuvering at Hostess, an investigation by The New York Times found a blueprint for how private equity executives like those at Apollo have amassed some of the greatest fortunes of the modern era....
Stephen A. Schwarzman, a co-founder of Blackstone, took home the largest haul last year: nearly $800 million. He and other private equity executives receive more annually than the leaders of Facebook and Apple, companies that revolutionized the way society communicates.
-- Nbauman ( talk) 15:44, 10 December 2016 (UTC)
http://nypost.com/2009/05/24/vultures-play-book/
http://www.newyorker.com/magazine/2008/02/11/the-birthday-party-2
So much missing considering all.... Wikipietime ( talk) 16:29, 22 August 2017 (UTC)
Hello fellow Wikipedians,
I have just modified 2 external links on Stephen A. Schwarzman. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
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This message was posted before February 2018.
After February 2018, "External links modified" talk page sections are no longer generated or monitored by InternetArchiveBot. No special action is required regarding these talk page notices, other than
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have permission to delete these "External links modified" talk page sections if they want to de-clutter talk pages, but see the
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(last update: 5 June 2024).
Cheers.— InternetArchiveBot ( Report bug) 23:49, 8 September 2017 (UTC)
--some proposed changes--
![]() | This edit request by an editor with a conflict of interest has now been answered. |
Information to be removed: "In August 2010, Schwarzman compared the Obama administration's plan to raise the tax rate on carried interest to Hitler's invasion of Poland in 1939, for which Schwarzman later apologized."
Explanation of issue: This is duplicative of the 'political and economic views' section that details the same events.
ThomasClements Blackstone ( talk) 19:14, 6 December 2018 (UTC)
ThomasClements Blackstone ( talk) 16:03, 18 January 2019 (UTC)
![]() | This edit request by an editor with a conflict of interest has now been answered. |
Information to be added: "In 2018, Schwarzman Donated $10 million to establish a new education center at The National Library of Israel campus in Jerusalem. The center, scheduled to open in 2021, will function as the primary location for cross cultural educational programming which is a centerpiece of the renewed mission of the NLI."
Explanation of issue: The gift above is currently missing and reflects his philanthropic work. References supporting change: [2] [3] [4]
ThomasClements Blackstone ( talk) 23:24, 3 February 2019 (UTC)
References
![]() | This edit request by an editor with a conflict of interest has now been answered. |
Information to be added: In December 2018, Schwarzman was awarded the Order of the Aztec Eagle, Mexico’s highest honor for foreigners, by President Enrique Peña Nieto in recognition of Schwarzman’s work on behalf of the U.S. in support of the U.S.-Mexico-Canada Agreement. Explanation of the issue: This was a significant event recognizing Schwarzman's involvement in the U.S.-Mexico-Canada Agreement. References supporting the change: [1] [2] [3] ThomasClements Blackstone ( talk) 23:40, 3 February 2019 (UTC)
References
![]() | Part of an edit requested by an editor with a conflict of interest has been implemented. [See below] |
Information to be added:
Extended content
|
---|
In 2018, Schwarzman Donated $10 million to establish a new education center at The National Library of Israel campus in Jerusalem. The center is scheduled to open in 2021. Explanation of the issue: Per the above comments from Grayfell this is a revised request. Similarly, this includes one more'prominent' international publisher, including US News and Bloomberg. The significance, according to the US News/AP article is summarized in the sentence below. The gift is part of a larger more widely reported project to construct the new National Library of Israel campus. "The donation will fund classrooms and education workshops Schwarzman hopes will foster inclusiveness and "cross-cultural relationships" between Jews, Christians and Muslims." References supporting the change: https://www.usnews.com/news/news/articles/2018-02-08/billionaire-trump-adviser-donates-to-israel-national-library https://www.bloomberg.com/news/articles/2018-03-02/schwarzman-durant-buy-prom-king-status-philanthropy-tracker
Information to be added: In December 2018, Schwarzman was awarded the Order of the Aztec Eagle, Mexico’s highest honor for foreigners, by President Enrique Peña Nieto in recognition of Schwarzman’s work on behalf of the U.S. in support of the U.S.-Mexico-Canada Agreement. Explanation of the issue: This was a significant event recognizing Schwarzman's involvement in the U.S.-Mexico-Canada Agreement. This award was announced via a press release from the President of Mexico. When the new administration took over, they deleted all historical press releases from the government site. A search of historical cached pages shows the release: https://www.gob.mx/presidencia/prensa/president-epn-confers-mexican-order-of-aztec-eagle-on-co-founder-and-ceo-of-the-blackstone-group-stephen-allen-schwarzman (adding one more article): https://www.eluniversal.com.mx/english/pena-honor-kushner
Information to be deleted: "Blackstone, with "$360 billion in assets", is expanding into infrastructure investments.[24] Blackstone Group joined Saudi Arabia in May 2017 in a $40 billion fund to invest in stateside[clarification needed] infrastructure projects. Saudi Arabia will provide 50% of the fund which could lead to "$100 billion in total infrastructure investments on a leveraged basis".[24]" Explanation of the issue: This is just one of Blackstone’s 10+ investing businesses – including only this is inaccurate and misleading – it would be more appropriate on the Blackstone company page.
Information to be added: In 2018, MIT announced the creation of the Stephen A. Schwarzman College of Computing, made possible by a $350 million foundational gift from Schwarzman. The new college reorients MIT to bring the power of computing and AI to all fields of study and will look to advance the ethical considerations alongside the technology. This represents the most significant structural change to MIT since the early 1950s and creates 50 new faculty positions. Explanation of issue: This is an omission from his current philanthropic profile. It is the largest single gift he has given and has been verified by multiple major publications, broken out below: References supporting the addition: • New York Times: https://www.nytimes.com/2018/10/15/technology/mit-college-artificial-intelligence.html • Financial Times: https://www.ft.com/content/06d44278-d07d-11e8-a9f2-7574db66bcd5 • Boston Globe: https://www.bostonglobe.com/metro/2018/10/15/mit-announces-billion-outlay-for-study-artificial-intelligence-computing/8AhIrHXhTIpoKiFI90SvCM/story.html |
ThomasClements Blackstone ( talk) 15:37, 4 February 2019 (UTC)
Below you will see where proposals from your request have been quoted with reviewer decisions and feedback inserted underneath, either accepting, declining or otherwise commenting upon your proposal(s). Please read the enclosed notes within the proposal review section below for information on each request.
Spintendo
04:09, 5 February 2019 (UTC)
Proposal review 4-FEB-2019
|
---|
|
![]() | This edit request by an editor with a conflict of interest has now been answered. |
Information to be added: In 2018, MIT announced the creation of the Stephen A. Schwarzman College of Computing, made possible by a $350 million foundational gift from Schwarzman. In 2018, Schwarzman donated $10 million to establish a new education center at The National Library of Israel campus in Jerusalem.
Explanation of the issue: Per User: Spintendo, removed any mention of future plans and instead referenced the donation/announcement of donations themselves, which has occurred.
References supporting the change:
National Library of Israel - https://www.usnews.com/news/news/articles/2018-02-08/billionaire-trump-adviser-donates-to-israel-national-library https://www.bloomberg.com/news/articles/2018-03-02/schwarzman-durant-buy-prom-king-status-philanthropy-tracker MIT College of Computing - New York Times: https://www.nytimes.com/2018/10/15/technology/mit-college-artificial-intelligence.html Financial Times: https://www.ft.com/content/06d44278-d07d-11e8-a9f2-7574db66bcd5 Boston Globe: https://www.bostonglobe.com/metro/2018/10/15/mit-announces-billion-outlay-for-study-artificial-intelligence-computing/8AhIrHXhTIpoKiFI90SvCM/story.html
ThomasClements Blackstone ( talk) 15:06, 5 February 2019 (UTC)
Edit request implemented
Spintendo
17:49, 5 February 2019 (UTC)
The UN’s housing advisor has accused private equity firms and one of the world’s largest corporate residential landlords, Blackstone Group, of exploiting tenants, “wreaking havoc” in communities and helping to fuel a global housing crisis.<ref></refhttps://www.theguardian.com/profile/patrickbutler — Preceding unsigned comment added by 184.147.123.251 ( talk) 02:05, 15 January 2020 (UTC)