"We would much rather work with you guys than against you," Blackstone (BX) President Tony James...

|About: The Blackstone Group L.P. (BX)|By:, SA News Editor

"We would much rather work with you guys than against you," Blackstone (BX) President Tony James wrote to KKR co-founder George Roberts in an email. "Together we can be unstoppable but in opposition we can cost each other a lot of money," James wrote. "Agreed," replied Roberts. The exchange and other emails are evidence in a lawsuit against 10 firms alleging that they conspired to keep the cost of buyouts down.