Blackstone Group L.P. (NYSE: BX), one of the world's largest private equity firms, has taken a record $10.9 billion loan to take advantage of the situation on the real-estate market.

The Blackstone Group L.P. (NYSE: BX; www.blackstone.com)announced that Blackstone and GSO Capital Partners LP have agreed in principle on terms under which Blackstone will acquire GSO. GSO is an alternative asset manager specializing in the leveraged finance marketplace, with approximately $10 billion under management. It manages a multi-strategy credit hedge
fund, a mezzanine fund, a senior debt fund and various CLO vehicles.

Democratic presidential hopeful Barack Obama on Wednesday said the Bush administration should do more to crack down on lawbreaking American contractors working in Iraq.

Second Quarter 2007 Net Income of $774.4 Million Up from

The Blackstone Group is a leading global alternative asset manager and provider of financial advisory services yesterday started it's initial public offering (IPO). The Blackstone Stock Symbol is BX and its trading at NYSE is currently hot as the stock symbol BX has jumped 18 percent on IPO.

The Blackstone Group will buy Alliance Data for for $7.8 Billion. Alliance Data Will Become a Private Company; Senior Leadership Expected to Remain in Place and Continue its Focus on Delivering Value for Clients.

Alliance Data Will Become a Private Company; Senior Leadership Expected to Remain in Place and Continue its Focus on Delivering Value for Clients