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The Fracking Controversy

The news that Blackstone Group LP (BX), the world's largest private equity firm, is set to invest $1 billion in unconventional oil and gas projects in North America through a joint venture with Alta Resources has cemented a spotlight on…

David Sokol’s abrupt resignation

David Sokol, widely considered the heir apparent to Warren Buffett,  has abruptly resigned from Berkshire Hathaway's subsidiaries after it was revealed that he profited from the purchase of a publicly-traded company made by Berkshire.…

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