Blackstone exec warns of economic Armageddon
1,120 views · Published 15 October 2013 · 2:11 · Indexed 25 October 2026
Channel: CBS Evening News · 2013 · News & Politics
Tony James, President and COO of the Blackstone Group, likens what's happening in Washington to a game of Russian roulette. He warns that if a deal on the debt limit can't be reached and the Treasury stops paying people, the consequences will be dire. Scott Pelley reports.
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