Stephen Schwarzman on the Global Impact of the Financial Crisis

From earlier this month, here is a talk at the Japan Society in New York hosted by Jeffrey Shafer, Vice Chairman, Global Banking and Senior Asia Pacific Representative in New York for Citi, with Stephen Schwarzman, Chairman & Chief Executive Officer, The Blackstone Group. Schwarzman offers his view of the marked changes private equity has undergone in the current turmoil and shares his thoughts on where opportunities lie for his investors.

In the following segment, Steve takes a rare break from bemoaning FAS 157, to demonize his second greatest foe, the dreaded rating agencies:

The full video can be found here: The Japan Society presents the ‘Global Impact of the Financial Crisis’

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