Stephen Schwarzman on How Blackstone Survived the 2007 Real Estate Crash

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Nov.13 -- Blackstone Group Inc. Chairman and Chief Executive Officer Stephen Schwarzman talks about two of his most significant deals, one of which was the $39 billion real estate buyout he made in anticipation of the 2007 crash. Schwarzman appears on "The David Rubenstein Show: Peer-to-Peer Conversations." The show was recorded on Sept. 4 in New York.
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IPO before the recession kicked off - dude is smart

FinanceOptimum
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I wonder if genius people always have hunch for something bad coming up

wenkaiyang