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...member Light taught a decision theory class taken by first-year student Schwarzman. After graduating from the Business School, Schwarzman worked at Lehman Brothers, where he rose to chair Lehman’s mergers and acquisitions committee before leaving to start Blackstone with former Lehman chief executive Peter G. Peterson in 1985 with a $400,000 balance sheet. As of June 30 of this year, Blackstone had a total of $119.4 billion of assets under management. Light will accompany Richard Jenrette, the founder of investment bank Donaldson, Lufkin & Jenrette; Brian Mulroney, the former prime minister of Canada; and William Parrett...

Author: By Prateek Kumar, CRIMSON STAFF WRITER | Title: HBS Dean To Join Blackstone Board | 9/18/2008 | See Source »

After scouring a national database of more than 8,000 infants who were nine months old between 2001 and 2002, researchers Juhee Kim and Karen Peterson found that about 55% of infants were regularly cared for by people other than their parents - in other words, relatives or professionals at a child-care facility. Half of those children were in full-time day care, 40% of them beginning at younger than three months of age. The researchers found that the babies who received day care gained, on average, 175 g (about 0.4 lb) more over nine months than babies being raised...

Author: /time Magazine | Title: Babies Gain More Weight in Day Care | 7/8/2008 | See Source »

...blood pressure can vary from day to day or even during a single day, depending on what a person is experiencing. "If somebody comes in and tells me they rushed in because they were late, and their blood pressure is high, I give them a pass," says Dr. Eric Peterson at Duke University. Individual readings taken a few months apart can also be difficult to interpret, he says. But measurements that patients take at home, several times a week, offer a more accurate picture of where their blood pressure stands...

Author: /time Magazine | Title: Lowering Your Own Blood Pressure | 6/24/2008 | See Source »

...with Norway's central bank left alone to run the fund, the role of the country's government - in deciding its broad strategy and monitoring its performance - is clearly defined. Such measures have made the fund the industry's gold standard. In a recent study by the U.S.-based Peterson Institute for International Economics, Norway's fund scored 100% for governance, as well as accountability and transparency. The Government of Singapore Investment Corp. averaged just 40%; the Abu Dhabi Investment Authority trailed with...

Author: /time Magazine | Title: Caring Capitalists | 6/11/2008 | See Source »

...hoping for the same thing on the Republican side. Sure, hard-fought contests are bruising for all concerned, but I believe the nation will be better off next January because of the election fights that took place this year. Now if only we could shorten the campaign season. Dave Peterson, TUCSON, ARIZ...

Author: /time Magazine | Title: Nearing the Finish Line | 5/28/2008 | See Source »

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