Dwight Lamon Jones, the man believed to be responsible for a killing spree that rocked the Valley from May 31 to June 4.

Scottsdale Police say that a .40 caliber Glock handgun that was recovered at the Extended Stay America room rented by Jones has been ballistically linked to the murder victims.

Extended Stay America, Inc. is the operator of an economy, extended-stay hotel chain consisting of 629 properties in the United States and Canada. It is listed on the New York Stock Exchange as a "paired share" with the real estate investment trust ESH Hospitality, Inc., the owner of the hotels. Extended Stay America is headquartered in Charlotte, North Carolina.

Extended Stay America was founded on January 9, 1995 in Fort Lauderdale, Florida by a George D. Johnson, Jr. and Wayne Huizenga, both former executives from Viacom and its subsidiary Blockbuster. The first two Extended Stay America hotels opened in August 1995 in Spartanburg, South Carolina and Marietta, Georgia. The company was listed on the NASDAQ on December 14, 1995. Extended Stay America acquired the extended-stay hotel chain StudioPLUS on April 11, 1997. The company also developed the Crossland Economy Studios brand as a budget, extended-stay hotel compared the mid-priced StudioPLUS and economy Extended Stay America brands. In 2013, the company moved its headquarters from Spartanburg to Charlotte, North Carolina.

The Blackstone Group, a private equity firm, acquired Extended Stay America in May 2004.

In 2013, Blackstone filed for initial public offerings (IPO) for Extended Stay America and another hotel company it owned, Hilton Worldwide.

The Blackstone Group was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with $400,000 in seed capital. The founders named their firm "Blackstone", which was a cryptogram derived from the names of the two founders (Schwarzman and Peterson): "Schwarz" is German for "black"; "Peter", or "Petra" in Greek, means "stone" or "rock". The two founders had previously worked together at Lehman Brothers, Kuhn, Loeb Inc. At Lehman, Schwarzman served as head of Lehman Brothers' global mergers and acquisitions business.Prominent investment banker Roger C. Altman, another Lehman veteran, left his position as a managing director of Shearson Lehman Brothers to join Peterson and Schwarzman at Blackstone in 1987, but left in 1992 to join the Clinton Administration as Deputy Treasury Secretary.

Blackstone was originally formed as a mergers and acquisitions advisory boutique. Blackstone advised on the 1987 merger of investment banks E. F. Hutton & Co. and Shearson Lehman Brothers, collecting a $3.5 million fee >>1657955

well done >>1657522

Peterson was first married from 1948 to 1950 to Kris Krengel, a journalism student at Northwestern University.After transferring out of the Massachusetts Institute of Technology, Peterson received an undergraduate degree from Northwestern University, graduating in 1947, summa cum laude. He joined Market Facts, a Chicago-based market research firm, in 1948. In 1951, he received an M.B.A. degree from the University of Chicago Booth School of Business, before returning to Market Facts as an executive vice president

Peterson joined advertising agency McCann Erickson in 1953, again in Chicago, where he served as a director. He joined movie-equipment maker Bell and Howell Corporation in 1958 as Executive Vice President. He later succeeded Charles H. Percy as Chairman and CEO, positions he held from 1963 to 1971.

In 1969, he was invited by philanthropist John D. Rockefeller III, CFR Chairman John J. McCloy, and former Treasury Secretary Douglas Dillon to chair a Commission on Foundations and Private Philanthropy, which became known as the Peterson Commission. Among its recommendations adopted by the government were that foundations be required annually to disburse a minimum proportion of their funds

In 1971, he was named Assistant to the President for International Economic Affairs by U.S. President Richard Nixon.

In 1972, he became the Secretary of Commerce, a position he held for one year. At that time he also assumed the Chairmanship of President Nixon’s National Commission on Productivity and was appointed U.S. Chairman of the U.S.–Soviet Commercial Commission. During his tenure, Peterson was a strong critic of the rising financial debt of the United States

In 1992, he was one of the co-founders of the Concord Coalition, a bipartisan citizens' group that advocates reduction of the federal budget deficit. Following record deficits under President George W. Bush, Peterson commented in 2004, "I remain a Republican, but the Republicans have become a far more theological, faith-directed party, not troubling with evidence."

In February 1994, President Bill Clinton named Peterson as a member of the Bi-Partisan Commission on Entitlement and Tax Reform co-chaired by Senators Bob Kerrey and John Danforth. He also served as Co-Chair of the Conference Board Commission on Public Trust and Private Enterprises (Co-Chaired by John Snow)

Peterson succeeded David Rockefeller as Chairman of the Council on Foreign Relations in 1985 and served until his retirement from that position in 2007.[4] He served as Trustee of the Rockefeller family's Japan Society and of the Museum of Modern Art, and was previously on the board of Rockefeller Center Properties, Inc.[4][3]

He was the founding Chairman of the Peterson Institute for International Economics (formerly the "Institute for International Economics", renamed in his honor in 2006), and a Trustee of the Committee for Economic Development.[4] He was also Chairman of the Federal Reserve Bank of New York between 2000 and 2004.[4]

In 2008, he founded the Peter G. Peterson Foundation (PGPF), an organization devoted to spreading public awareness on fiscal sustainability issues related to the national debt, federal deficits, Social Security policy, and tax policies. PGPF distributed the 2008 documentary film I.O.U.S.A., and did outreach to the 2008 presidential candidates.

Peterson funded The Fiscal Times, a news website that reports on current economic issues, including the federal budget, the deficit, entitlements, health care, personal savings, taxation, and the global economy. Fiscal Times contributors and editors include several veteran economics reporters for The New York Times and The Washington Post.

On August 4, 2010, it was announced that he had signed "The Giving Pledge." He was one of 40 billionaires, led by Bill Gates and Warren Buffett, who agreed to give at least half their wealth to charity. Most of his giving was to his own foundation, The Peter G. Peterson Foundation, which focuses on raising public awareness about long-term fiscal sustainability issues.

>>1657955

He was married three times and divorced twice. In 1953, he married psychologist Sally Hornbogen Peterson with whom he had four sons: John Scott, James, David and Michael Alexander; and one daughter, the writer Holly Peterson. They divorced in 1979. The following year, Peterson married Joan Ganz Cooney, a creator of Sesame Street.

In his autobiography he recalled his business and private life in which he blamed himself for the failure of two of his three marriages but expressed pride for having grown close to his children.

Peterson died on March 20, 2018 of natural causes at his Manhattan apartment home at the age of 91

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