Blackstone IPO: A different kind of company

Blackstone is experiencing Google-like growth. And, like the internet giant, the private equity firm promises to be a «different kind of public company. « But whereas Google swore not to be evil, Blackstone has a rather less novel idea. Blackstone boss Steve Schwarzman has been accused of inconsistency for extolling the benefits of taking companies private while planning to take his own baby public. But he has a plan. For a start, the public Blackstone won’t pay any attention to quarterly earni...