The Understatement of the Year award goes to ….
Steve Schwarzman, Chairman and CEO of The Blackstone Group, an investment bank in New York City …
Title of an article on a blog in the Wall Street Journal a few days ago …
“Something is Amiss in the Financial System.”
Uh … yeah.
I have to tell you, though, if there is anywhere safe in this climate, it’s Blackstone. Those guys are solid.
Click on the title to read the full article.
I am glad that at least one firm is!
trust me, from sitting inside this financial mess (in london) no-one is safe. lol