Q&A with Steve Schwarzman. Private-equity firms have been on an acquisitions binge of late, and leading the pack is The Blackstone Group, headed by CEO Steve Schwarzman (MBA ’72). He talks about the buyout business and where it is headed.
Up from the Ashes. In humanizing the study of economic behavior, Joseph Schumpeter brilliantly explicated the forces driving modern capitalism. The Bulletin presents excerpts from an authoritative new biography of Schumpeter by HBS’s Pulitzer Prize–winning historian Thomas K. McCraw.
Stepping Out. Meet five members of the Class of 2007 whose personal and professional stories embody all that make HBS such an enriching community. Their ambition and integrity hint at the contributions these remarkable young people will make as the School’s newest alumni.
Mission Possible. In social entrepreneurship, the bottom line is measured in making a difference. Several HBS alumni now active in the business of giving back talk about the missions that drive what they do.
In Brief
Editor’s Note; Letters; Fixing America’s Leadership Deficit; HBS, KSG Joint Degree; F. Gorham Brigham Jr.; Fellowships; Delta’s Flight from Bankruptcy; of Note; McKenney Remembered; New Exec Ed Program; HBS Show; Alumni Bookshelf; Alumni Books
Ideas
Faculty Q&A with Tony Mayo; Faculty Books; Faculty Research Online; Caseworks: A Juicy Story; Faculty Opinion: KPMG for Mayor!
Newsmakers
Robert Strassler (MBA ’61); Kamran (“Tom”) Elghanayan (MBA ’68); Ron Bloom (MBA ’85); Sue McClelland (HRPBA ’60); Ratan Tata (AMP 71, 1975); Lara O’Connor Hodgson (MBA ’98)



