Blackstone: Talk to yourself

If Blackstone took the advice it doles out to companies, it would probably go private. The asset management firm run by Steve Schwarzman had a big net loss in the third quarter and warned that it may cut its fourth-quarter dividend. The stock is 75% below the price at which it went public last year. And with debt markets closed and its portfolio assets falling in value, its prospects may be rough for some time to come. Private equity firms tell chief executives facing challenges like these to t...