Blackstone Group CEO Explains Why UM Launch Pad is an Excellent Model

Watch video from a special addition of CNBC’s “Closing Bell” broadcast from the two-day Global Youth Employment Agenda meeting in London.

London (December 02, 2010) — During a special edition of CNBC’s “Closing Bell” broadcast from the two-day Global Youth Employment Agenda meeting in London, Blackstone CEO Steve Schwarzman explained how his foundation, using the University of Miami’s Launch Pad as a model, has committed to a five-year, $50 million initiative to foster entrepreneurship and economic recovery in communities hardest hit by the global economic crisis.



Watch the complete edition by visiting CNBC.


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