'Harpooning the Whale: Blackstone Group's bid to go public has exposed some interesting tax games' - NEWSWEEK
“When private-equity firms and hedge funds kept low profiles, they were well out of harpoon range. They benefited from an enormous tax loophole that few but the cognoscenti knew about and a nice legal loophole that's familiar to people in the world of partnerships but that I'd never heard of until last week. These things have now emerged into public view, thanks largely to Blackstone's bid to become a publicly traded company. The harpoons are flying-as well they should be.”
Continue reading: Allan Sloan, 'Harpooning the Whale' , NEWSWEEK, 3 April 2007.