Movers & Shakers: Schwarzman's $148m Payday

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Feb. 29 (Bloomberg) -- Bloomberg's Betty Liu reports that Stephen Schwarzman, chairman and chief executive officer of Blackstone Group LP, received $148.5 million in pay and cash dividends in 2011. The Blackstone co-founder was paid a $350,000 salary and $4.6 million of his share of the firm’s profits, known as carried interest, the New York-based company said yesterday in a regulatory filing. She speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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