Thomson ReutersBillionaire Steve Schwarzman can't stop hammering the Dodd-Frank Act. At the Bernstein Thirty-Second Annual Strategic Decisions Conference 2016, the Blackstone Group chairman and CEO discussed issues ranging from Brazil's economic growth to distressed energy companies in the US. Among his biggest concerns was the impact of financial regulation. Here's Schwarzman (emphasis ours): What's happening during that period is the junk bond market just went on sabbatical when illiquid.
Billionaire Steve Schwarzman Just Went Off On The Dodd-frank Act
feedback@businessinsider.com (Business Insider), Business Insider
Sun, 06/05/2016 - 7:10am
Topics: we thomson reutersbillionaire steve schwarzman dodd-frank act bernstein thirty-second annual strategic decisions conference blackstone group ceo brazil here's schwarzman triumph congress last october the wall street journal june volcker rule watch schwarzman dodd-frank sec blackstone blackstone volcker wall street market markets financial regulation regulations private world equity liquidity firm safer sell capital passed paid companies firms bond junk happening million making affects
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