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Blackstone BX IPO

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You don’t have to be a stock junkie to know this one. Blackstone IPO generated so much buzz lately, from Chinese State Investment Co. take a significant stake (without voting power), to its high flying CEO cashing in billions of dollars in the IPO, and some congressman talking about impose the 33% tax rate rather than the 15% capital gain tax for private equity firms.

I briefly read its S1 prospectus today. I noticed a few things kind of interesting: