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Blackstone's Schwarzman Makes $350.7M (AP)
In an earlier version of this story, the Associated Press erroneously reported that Blackstone co-founder Stephen Schwarzman's total compensation for 2007 was $5.13 billion. Schwarzman's compensation for 2007 was $350.7 million.
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UPDATE 1-EU to press banks for speedy subprime remedies
BRUSSELS, March 14 (Reuters) - Banks must quickly disclose losses on investments hit by a global credit squeeze and governments will intervene if the market fails to sort itself out, European Union...