Stephen Schwarzman, founder of the world’s biggest private-equity firm, said U.S. President Barack Obama’s engagement with China’s new government is laying the groundwork for improved economic and military ties between the two nations.
Blackstone Group LP Chairman Stephen Schwarzman said he paid an effective personal income tax rate of 53 percent last year and he would favor a flat tax.
"Russia is too complex at the moment, if you just look at the volatility of the currency, a pending recession if things stay the way they are, some types of governmental imbalances."
- Stephen Schwarzman on Dec 18, 2014
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