Stephen A. Schwarzman Quotes


I'm concerned with China growing at double or triple the rate of the West, that there will be tensions. One needs to do something to start addressing misunderstandings and frustration.


Citations

Wines, Michael. "Blackstone Founder to Finance Scholars Program in China." The New York Times, 21 Apr. 2013.

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Terrorism even then put strains on traditional diplomacy where bombers would take sanctuary or raise money in countries whose diplomatic policy was opposed to terrorism of all types. At this particular time, Irish terrorists would raise money in the United States to support the terrorists bombing English targets.


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With promises the success lies in following through and keeping the promise which is usually very costly. A threat that fails meanwhile can be the most expensive thing. We make a threat to deter a foreign power from something. Failure occurs when they are not intimidated and go ahead anyway. Then if we follow through on the threat, that is very costly—a war, a trade embargo, or whatever. Not following through on the threat is the costliest of all as we lose our credibility, trust and honor.


Stephen A. Schwarzman
Stephen A. Schwarzman
  • Born: February 14, 1947
  • Nationality: American
  • Profession: Co-Founder, Chairman & CEO The Blackstone Group

Stephen Allen Schwarzman is an American businessman, investor and philanthropist. He is the chairman and CEO of The Blackstone Group, a global private equity firm he established in 1985 with former chairman and CEO of Lehman Brothers and US Secretary of Commerce Peter G. Peterson. Schwarzman briefly served as Chairman of President Donald Trump's Strategic and Policy Forum.