Key Takeaways
- • Blackstone Group CEO Steve Schwarzman, speaking in Davos, said his biggest concern is that proposals or the prevailing tone could leave financial institutions feeling under siege and cause them to pull back on lending.
- • Schwarzman's remarks were aired in a Bloomberg television interview and were also scheduled for a later CNBC appearance, according to the source.
- • The source article is dated 28 January 2010, so these comments are from that period and are not a current development.
Summary
The article also noted a lighter moment, in which an attendee reportedly filmed Schwarzman eating a banana. The source provides no further detail on specific proposals, deal activity, or Blackstone's positioning. The report is brief and dated 28 January 2010, so it should be read as historical coverage of Schwarzman's Davos commentary rather than as a current market update.
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