Blackstone's Schwarzman on Fed Policy, U.S. Economy

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Sept. 27 (Bloomberg) -- Stephen Schwarzman, founder and chief executive officer of Blackstone Group LP, talks about Federal Reserve policy, the prospects of another credit downgrade for the U.S. and creation of the $300 million Schwarzman Scholars program in China, Schwarzman speaks with Betty Liu on Bloomberg Television’s “In the Loop.” (Source: Bloomberg)

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