Blackstone's Schwarzman on Europe, S&P Ratings Cut

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Nov. 30 (Bloomberg) -- Stephen Schwarzman, chairman of private-equity firm Blackstone Group LP, talks with Bloomberg's Cristina Alesci about Europe's sovereign debt crisis and the possible impact on Blackstone. Schwarzman also discusses Blackstone's real estate investments, Standard & Poor's cut in the credit ratings of major U.S. banks and regulation of the industry. (Source: Bloomberg)

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