From Nikkei Asia · · 40s
Stephen Schwarzman on Global Financial Crisis
Stephen Schwarzman recalls the 2008 financial crisis and his push for a short-selling ban.
In brief
Stephen Schwarzman recalls the 2008 financial crisis and his push for a short-selling ban. Stephen Schwarzman describes his role in advocating for a short-selling ban on bank stocks during the 2008 financial crisis to prevent panic. Originally reported by Nikkei Asia.
Stephen Schwarzman
Stephen Schwarzman describes his early awareness of the financial crisis around 2006.
Pushing for short-selling ban
Schwarzman advocated for a short-selling ban on bank stocks to stem panic during the 2008 crisis.
Lehman Brothers bankruptcy
Lehman Brothers filed for bankruptcy on September 15, 2008, triggering the global financial crisis.
The key point
Stephen Schwarzman describes his role in advocating for a short-selling ban on bank stocks during the 2008 financial crisis to prevent panic.
