December 02, 2010 — London — 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.
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