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Steve Schwarzman's Blackstone Group has an explanation for that lawsuit by Financial Times which accused the private equity giant of sharing an account login and password to the FT website. A Blackstone employee tells the Observer that it was all the fault of the London office and the work of eight renegade employees, and that the staff in New York had "nothing to with it." (Someone ought to tell this to the FT since it argued in court papers that the culprits "worked for Blackstone within the United States.") Also? Blackstone would like the world to know that it actually has 63 paid subscriptions to the Financial Times, which in Steve Schwarzman's preferred unit of measurement, comes out to 31 stone crabs. [NYO]