Sunday, December 7, 2008

Charlie Rose video: A conversation with Pete Peterson

An hour with Pete Peterson, co-founder and senior chairman of The Blackstone Group. Peterson will give $1 billion to his new foundation, the Peter G. Peterson Foundation, to help solve some of the country's biggest economic problems. He discusses how he sees the current economic crisis, sovereign wealth funds, and his relationship with Blackstone co-founder and CEO, Steve Schwarzman.