Blackstone Group Senior Managing Director Joe Baratta is stepping down after 28 years with the private equity underwriter (PEU). GuruFocus reported:
Over the past year Joseph Baratta has sold 213,000 shares of Blackstone stock and bought zero sharesI thought he was leaving to avoid being in another Blackstone Holiday video with Founder Steven Schwarzman.
Schwarzman attended last night's State Dinner for Chinese President Xi Jingping. If Trump II is holding a big event Schwarzman is usually in attendance.
The White House is tight lipped as to what Schwarzman, Trump and Xi discussed. I doubt Joe Baratta even came up as a topic.
Politicians Red & Blue love PEU and their new TechGod brethren (that crew was everywhere in yesterday's State Dinner). Increasingly more are one and where Joe lands, so far nobody knows.
