Killer Whale Owner Books Profit

Published: Feb 25, 2010

The Blackstone Group (which owns Orlando, Florida-based Sea World, the site of a tragedy involving a Killer Whale named Tilly atop many headlines this morning) booked fourth-quarter 2009 profit of $329 million and full-year net income of $703 million, a huge jump versus the more than $1 billion in losses Blackstone incurred in 2008.<p><img class="embeddedObject" src="" width="241" height="188" border="0" alt="Stephen Schwarzman" align="left"><p>All of Blackstone's units (investment banking advisory, private equity, hedge funds and real estate) did well in the recent fourth quarter, pointing to a wider recovery across several financial services sectors.<p>The tragedy at Sea World and fallout from the incident aside, Blackstone CEO Stephen "Party Boy" Schwarzman said in an earnings release, "We believe the worst is behind us."

Related Content

Content Type

25 Best Investment Banks to Work for in 2022

Today, we're excited to release our 2022 Banking 25, a ranking of the best investment banking firms to work for in North America. The ranking is based on a survey of more than 3,600 banking professionals.

Content Type

Why Fintech Is Growing So Fast and How to Break Into This White-Hot Industry

Brian Hamilton is the founder and CEO of One, a fintech startup that provides digital banking services to the shrinking U.S. middle class.

Content Type

50 Best Accounting Firms for 2022

Today, we release our annual Accounting 50, a ranking of the best accounting firms to work for. The ranking is based on a survey of approximately 11,400 accounting professionals, who were asked to rate their firms in several workplace categories, including business outlook, compensation, culture, hours, training, overall satisfaction, and work/life balance.