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 billionaire Peter George Peterson

Peter G. Peterson (born June 5, 1926) is an American businessman, investment banker, fiscal conservative, author, and politician whose most prominent political position was as United States Secretary of Commerce from February 29, 1972 to February 1, 1973 serving under Richard Nixon. He is most well known currently as founder and principal funder of The Peter G. Peterson Foundation, which he established in 2008 with a $1 billion endowment. The group focuses on raising public awareness about U.S. fiscal-sustainability issues related to federal deficits, entitlement programs, and tax policies.


He founded the Blackstone Group, which went public in 2007.


Before serving in the White House, Peterson was Chairman and CEO of Bell & Howell, from 1963 to 1971. From 1973 to 1984 he was Chairman and CEO of Lehman Brothers. In 1985 he co-founded the private equity firm, the Blackstone Group. Peterson was Chairman of the Council on Foreign Relations until retiring in 2007, after being named chairman emeritus. In 2008, Peterson was ranked 149th on the "Forbes 400 Richest Americans" with a net worth of $2.8 billion.


Peterson has been named the most influential billionaire in U.S. politics.

Peter George Peterson
Peter George Peterson
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updated Wed. March 14, 2018

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Peter Peterson, the co-founder of the Blackstone Group and the founder of the Peterson Foundation, which has long campaigned against the growing national debt, had some harsh words for his peers who had turned away from "revenue neutral policy." "Mortgaging our fiscal future for trillions in temporary ...
New York billionaire Peter Peterson, Schwarzman's former partner, put $1 billion into an economic think tank. And, along with Bill Gates, Warren Buffett and 40 other billionaires, he signed the Giving Pledge, in which all promised to donate the majority of their wealth to charity. Schwarzman gave the New ...

The change in the number of billionaires -- up 233 since the 2016 list -- was the biggest in the 31 years that Forbes has been tracking billionaires globally." At least one notable name dropped off the list of New Yorkers, though not because he is no longer a billionaire. Donald Trump, whom Forbes said is ...
The Committee for a Responsible Federal Budget, an organization that is virtually unknown outside of Washington, was nonetheless cited in four different questions during this year's presidential and vice-presidential debates. Moderators Elaine Quijano and Chris Wallace, seemingly unable to string ...
Fix the Debt logo Madison, WI -- One of the most hypocritical corporate PR campaigns in decades is advancing inside the beltway, attempting to convince the White House, Congress, and the American people that another cataclysmic economic crisis is around the corner that will destroy our economy ...
As Ryan Grim and Paul Blumenthal point out in their article "Peter Peterson Spent Nearly Half A Billion In Washington Targeting Social Security, Medicare ... As Michael Hiltzik puts it in his article "Unmasking the most influential billionaire in U.S. politics," "Peterson's influence in national politics stems largely ...

WASHINGTON -- Peter Peterson, a Wall Street billionaire who has been calling for cuts to Social Security and other government programs for years, is hosting a "fiscal summit" Tuesday that brings together Treasury Secretary Timothy Geithner, former President Bill Clinton, Rep. Paul Ryan, House Speaker ...
Although $1.9 billion richer--paid to him in a single money wire the day of the IPO--he was already a billionaire. "Several things happened to me around the same time," he says. "I left Blackstone, I retired as the chairman of the Council on Foreign Relations, I was no longer the chairman of the New York ...
Peter Peterson, co-founder of Blackstone, is one good example. We should listen carefully to his plea: "Mortgaging our fiscal future for trillions in temporary tax cuts will hurt our economy over time, and every C.E.O. should know that. True business patriots need to advocate for their country as well as their ...
New York billionaire Peter Peterson, Schwarzman's former partner, put $1 billion into an economic think tank. And, along with Bill Gates, Warren Buffett and 40 other billionaires, he signed the Giving Pledge, in which all promised to donate the majority of their wealth to charity. Schwarzman gave the New ...
The change in the number of billionaires -- up 233 since the 2016 list -- was the biggest in the 31 years that Forbes has been tracking billionaires globally." At least one notable name dropped off the list of New Yorkers, though not because he is no longer a billionaire. Donald Trump, whom Forbes said is ...
The Committee for a Responsible Federal Budget, an organization that is virtually unknown outside of Washington, was nonetheless cited in four different questions during this year's presidential and vice-presidential debates. Moderators Elaine Quijano and Chris Wallace, seemingly unable to string ...
Peter Peterson, founder and chairman of Peter G. Peterson Foundation. (Photo: ... There's another billionaire in town, and he's doing all he can to privatize Social Security and Medicare programs. ... Petersen is a Wall Street billionaire, who, according to The Center for Media and Democracy's SourceWatch.
Fix the debt logo Madison, WI -- One of the most hypocritical corporate PR campaigns in decades is advancing inside the beltway, attempting to convince the White House, Congress, and the American people that another cataclysmic economic crisis is around the corner that will destroy our economy ...
As Ryan Grim and Paul Blumenthal point out in their article "Peter Peterson Spent Nearly Half A Billion In Washington Targeting Social Security, Medicare ... As Michael Hiltzik puts it in his article "Unmasking the most influential billionaire in U.S. politics," "Peterson's influence in national politics stems largely ...
WASHINGTON -- Peter Peterson, a Wall Street billionaire who has been calling for cuts to Social Security and other government programs for years, is hosting a "fiscal summit" Tuesday that brings together Treasury Secretary Timothy Geithner, former President Bill Clinton, Rep. Paul Ryan, House Speaker ...
Although $1.9 billion richer--paid to him in a single money wire the day of the IPO--he was already a billionaire. "Several things happened to me around the same time," he says. "I left Blackstone, I retired as the chairman of the Council on Foreign Relations, I was no longer the chairman of the New York ...

Trump voters know they've had a government for billionaires--that's one .... New York billionaire Peter Peterson, Schwarzman's former partner, ...
NEW YORK, NY -- New York City is home to 82 billionaires this year ... Donald Trump, whom Forbes said is the first billionaire president in U.S. ...
That's why we've rounded up 25 books by self-made billionaires. .... Onward details how the billionaire brought the global coffee chain back to ...
The Committee for a Responsible Federal Budget, an organization that is virtually unknown outside of Washington, was nonetheless cited in ...
There's a new name atop the list this year, but he's hardly a stranger to lists of billionaires. By Mark Osborne (Patch Staff) - Updated Oct 4, 2016 ...
Peter Peterson, founder and chairman of Peter G. Peterson Foundation. ... Petersen is a Wall Street billionaire, who, according to The Center for ...
Fix the debt logo Madison, WI -- One of the most hypocritical corporate PR campaigns in decades is advancing inside the beltway, attempting ...
... the most influential billionaire in U.S. politics," "Peterson's influence in ... But thanks to the efforts of Peter Peterson, we talk about Social ...
WASHINGTON -- Peter Peterson, a Wall Street billionaire who has been calling for cuts to Social Security and other government programs for ...
On an idyllic summer afternoon in the Hamptons, the Blackstone Group billionaire reflects on philanthropy, the "old man's death," and his ...
... of working families - not billionaires and profitable corporations. ... him a "Fiscy" award from a coalition of Peter Peterson funded groups.
Trump voters know they've had a government for billionaires--that's one .... New York billionaire Peter Peterson, Schwarzman's former partner, ...
NEW YORK, NY -- New York City is home to 82 billionaires this year ... Donald Trump, whom Forbes said is the first billionaire president in U.S. ...
... rose through the ranks at investment bank Lehman Brothers, then struck out on his own with fellow billionaire Peter Peterson in 1985.
... founded the company with business partner Peter Peterson in 1985 ... B. Stewart described it in his 2008 New Yorker profile of the billionaire.
That's why we've rounded up 25 books by self-made billionaires. .... In The Virgin Way, the billionaire founder of Virgin Group offers lessons on ...
The Committee for a Responsible Federal Budget, an organization that is virtually unknown outside of Washington, was nonetheless cited in ...
... James Dinan, $2 billion (353); Glenn Dubin, $2 billion (353); Peter Peterson, $2 billion (353); David Walentas, $2 billion (353); Howard Marks ...
Peter Peterson, founder and chairman of Peter G. Peterson Foundation. ... Petersen is a Wall Street billionaire, who, according to The Center for ...
Fix the debt logo Madison, WI -- One of the most hypocritical corporate PR campaigns in decades is advancing inside the beltway, attempting ...
Fix the debt logo Madison, WI -- One of the most hypocritical corporate PR campaigns in decades is advancing inside the beltway, attempting ...
WASHINGTON -- Peter Peterson, a Wall Street billionaire who has been calling for cuts to Social Security and other government programs for ...
On an idyllic summer afternoon in the Hamptons, the Blackstone Group billionaire reflects on philanthropy, the "old man's death," and his ...
... Trump's policies. Significantly, Mulroney is a board director of Blackstone Group, the US private investment company founded by CEO Stephen Schwartzman and Peter Peterson, former commerce Secretary to President Richard Nixon. ... And he's a mega ...
/UCW/ Stephen Schwarzman is co-founder and CEO of Blackstone Group, The son of a dry goods store owner, Stephen Schwarzman rose through the ranks at investment bank Lehman Brothers, then struck out on his own with fellow billionaire Peter Peterson ...
Schwarzman founded the company with business partner Peter Peterson in 1985 after leaving Lehman Brothers. In 2007, Schwarzman's 23 percent stake in the business was worth an estimated $7.7 billion.
A graduate of Yale University and Harvard Business school, Schwarzman rose through the ranks at Lehman Brothers before making it on his own with Blackstone alongside Peter Peterson. (The Blackstone name derives from their own - "Schwarz" means ...
Schwarzman is worth upwards of $10 billion, derived from a Wall Street career that included becoming a partner at Lehman Brothers at age 31, then leaving with his boss Peter Peterson to found Blackstone Group in 1985, which specialized in mergers and ...
Schwarzman is worth upwards of $10 billion, derived from a Wall Street career that included becoming a partner at Lehman Brothers at age 31, then leaving with his boss Peter Peterson to found Blackstone Group in 1985, which specialized in mergers and ...
In The Virgin Way, the billionaire founder of Virgin Group offers lessons on management and entrepreneurialism, including the importance of listening to others and hiring the right people.
Federal deficit hawks in Congress, driven by ideology and the campaign donations of, for lack of a better term, millionaires and billionaires, held yet another hearing last week about the national debt - but U.S. lawmakers continue to ignore the debt ...
Most of us feel deeply about our right to free speech. It is a right we are born with, one the government cannot take away. But it took an-out-of-control Supreme Court in the Citizens United case to decide that the right to free speech not only applies ...
Unfortunately, even if Citizens United is overturned, which it should be, restricting corporate speech will not do much to redress the incredible imbalance in our political system, where billionaires' views matter way more than those of everyone else ...


 

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