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ECON 252 (2008) - Lecture 20 - Guest Lecture by Stephen Schwarzman

econ 252: Financial Markets (2008)

Lecture 20 - Guest Lecture by Stephen Schwarzman

Overview

Stephen Schwarzman, Co-Founder of Blackstone Group, a private equity firm, speaks about his experience in the industry. He discusses his thoughts on global finance, particularly at such an interesting and challenging point in the history of financial institutions. Although the near future might be rough for the United States and economies around the globe, capital does tend to come back and regulators are busy figuring out how best to put safeguards on the system. He also offers career advice and mentions some of the surprises he came across upon entering the world of finance.