Four Dimensional Black Holes and Strings with Rescaled Tension
  We give a microscopic description of extreme and near-extreme Reissner-Nordstrom black holes in four dimensions in terms of fundamental strings in a background of magnetic five branes and monopoles. The string oscillator numbers and tension are rescaled due to the Rindler space background with the string mass fixed. The entropy of the black holes is reproduced correctly by that of the string with the tension rescaling taken into account. 
Edi Halyo (Stanford)