Stephen Schwarzman, co-founder of Blackstone Group LP, sold stationery as a Yale undergraduate, making enough money to buy a stereo, on which he played the Four Tops and the Beatles, he recalled the other night at a reception for the Oxford-Pershing Square Graduate Scholarships.
Sept. 13 (Bloomberg) -- Gerald McCaughey, chief executive officer of Canadian Imperial Bank of Commerce, Frederic Oudea, chief executive officer of Societe Generale SA, and Gary Parr, vice chairman of Lazard Ltd., participate in a panel discussion about the state of the financial industry and opportunities for large, global banks. Bloomberg Markets Editor Ronald Henkoff moderates the panel at the Bloomberg Markets 50 Summit in New York. (Source: Bloomberg)
Just as the New York Philharmonic Opening Night Gala was getting under way, Gary Parr, vice chairman at Lazard Ltd. and chairman of the New York Philharmonic, estimated that his conversations would be 98 percent about music and 2 percent about markets.
Citigroup Inc.’s Vikram Pandit, leader of the U.S. bank that took the most government aid in the financial crisis and that has the worst stock performance over the past decade, is ready for a starring role at Davos.