Blackstone's Peterson Launches Questionable Assault on Social Safety Net Programs
At a time when a citywide coalition under the aegis of Community Labor United is demanding an $11 million Community Fund from the giant private equity firm and commercial landlord The Blackstone Group, we find it passing strange that Blackstone co-founder and senior chairman Pete Peterson is using his non-profit foundation to flog the release of a new documentary called I.O.U.S.A. this week.