Understatement of the Year

19 09 2008

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.



2 responses

19 09 2008

I am glad that at least one firm is!

20 09 2008

trust me, from sitting inside this financial mess (in london) no-one is safe. lol

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: