Blackstone's Steve Schwarzman says efforts to link credit crackups to private credit are 'misinformation'

08/23/2025, 11:56 AM
businessinsider.com

Blackstone's Steve Schwarzman says efforts to link credit crackups to private credit are 'misinformation'

Evan Agostini/AP

The recent failures of auto lender Tricolor and auto-parts manufacturer First Brands, which JPMorgan CEO Jamie Dimon dubbed "cockroaches," had the biggest names on Wall Street pointing fingers last week.

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