Market Currents
Wednesday, October 14, 2009
9:56 AM
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Blackstone (BX) CEO Steven Schwarzman says he's seeing "more than green shoots" in the economy, and that private equity is in a "radically different place" than a year ago. "We do not expect the U.S. economy to slip back into recession," he said this morning, but weak consumer spending and continued constraints on bank lending could dampen the recovery.
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