Saturday, 23 May 2015
Last updated 22 hours ago
Feb 19 2013 | 9:28am ET
Blackstone Group President Hamilton James has sold off a chunk of the private equity giant's shares, less than two weeks after a report that he had sought—unsuccessfully—a job at the White House.
A company James owns with his wife and a trust for his children sold 3.5 million shares between Wednesday and Friday, with proceeds of about $64.2 million, according to securities filings.
It's not clear what James' motivation was. Fox Business Network reported earlier this week that James, a top fundraiser for President Barack Obama, had asked to be considered for a job in the administration as it becomes clear that he will not succeed Blackstone CEO Steven Schwarzman. Of course, he could also be taking advantage of a 20% rally in Blackstone's shares this year.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…