From Nikkei Asia · · 30s
Amex: Stephen Schwarzman (12)
Stephen Schwarzman reflects on his career after Lehman Brothers.
In brief
Stephen Schwarzman reflects on his career after Lehman Brothers. Stephen Schwarzman left American Express in 1985 to found Blackstone after Lehman Brothers was acquired by American Express in 1984. Originally reported by Nikkei Asia.
Lehman Brothers acquisition
In 1984, Lehman Brothers passed into American Express hands.
Founding Blackstone
Schwarzman left American Express in 1985 to found Blackstone.
Career shift
Schwarzman had never considered himself an entrepreneur before this move.
The main idea
Stephen Schwarzman left American Express in 1985 to found Blackstone after Lehman Brothers was acquired by American Express in 1984.
