The Blackstone Group L.P. (BX)

All Comments on BX

  • commenter
    Apr 10 10:35 AM
    Under The Radar News - Thursday [view article]
    It's old news !!!! Reply
  • commenter
    Apr 10 10:28 AM
    Citi's Deal: Unclogging of the System [view article]
    Sulllivan,
    You are a great spin master on this one. The loans only midly stink, think what is lying below them, leverage buyouts loans worth thirty cents on the dollar. Oops!, I forgot about us helpless taxpayers.
    Reply
  • commenter
    Apr 10 09:46 AM
    My Website
    Under The Radar News - Thursday [view article]
    Concerning: "Indian credit card issuer SBI, a joint venture between GE (GE) and State Bank of India, had a default rate of 16.28% as of year-end, likely the worst in the industry."

    Worse is relative: If you're invested in GE, that's GREAT News.
    Reply
  • commenter
    Apr 10 03:31 AM
    Wall Street Breakfast: Must-Know News [view article]
    wsigler: Yes, but the problem is that the people who were responsible with their loans, who also live next door to those who were not, will probably abstain from the high road and cry for government intervention. After all, it wasn't their fault, was it? The problem is that we have simply become an entitlement society. Life still throws curveballs as it always has, but we have now come to rely on the umpire to wave us on to first base when that third strike goes whizzing by instead of admitting that we did not see it coming because it was a beauty, and sucking it up and driving on. Reply
  • commenter
    Apr 09 12:56 PM
    Wall Street Breakfast: Must-Know News [view article]
    Yes, there's plenty of blame to go around - but - you know what?...The simple answer is that we, the borrowers...the uneducated, ignorant, stupid, greedy borrowers who didn't have the common sense to look before we leaped...are at the root. We simply don't want to take the blame...too easy to push it off on someone else. Lenders knew these were ignoramuses they were lending to and now that it's caught up with them, they deserve NO RELIEF from the rest of we taxpayers - and neither do the borrowers who instigated it. Every one of those folks for whom it can be shown they stepped into something they were not prepared to handle and walked away - should have their credit destroyed for at least 10 years - and lenders should not be allowed to lend to them again during this period. Both the lenders and borrowewrs should be left to wallow in their own slop and the govt. (we, the taxpayers) should not contribute ONE CENT to their rescue! Reply
  • commenter
    Apr 09 11:02 AM
    Wall Street Breakfast: Must-Know News [view article]
    Alan Greenspan is like the child passing the cemetery--whistlling and saying what he does out of fear of the truth or of the unknown. His policy "enabled" the greedy in our system to commit their financial atrocities. "Just don't give a convicted felon a gun" would apply here. Maybe the metaphor is too harsh but the message is not. The low interest rates instituted by Greenspan did, in fact, encourage lenders to rapaciously feed money to the unwary among us.  There is fault aplenty to go around, but the beginning of the difficulty was Alan Greenspan's attempt to shift the losses in the high tech markets to another, broader market, namely the housing market. Could this broad action dilute the losses? said he. What actually happened was that he embroiled the greedy with the uninformed to create a much bigger credit problem enveloping the entire global structure. This was unconscionable. Only some among us would have suffered from bad judgement with the High Tech losses and our capital system would have had its painful day. But with our homes on the block almost all of our citizens were swept up in the losses and attendant credit crises. Now, it appears that the pain will be protracted and the solution unsure. God Bless/help America. Reply
  • commenter
    Apr 09 10:21 AM
    Wall Street Breakfast: Must-Know News [view article]
    On the Citi deal - its 90 cents to the dollar but its leveraged. Anyone know what the discount on that is? Reply
  • commenter
    Apr 09 08:28 AM
    Wall Street Breakfast: Must-Know News [view article]
    Re "Greenspan on the US Economy..."
    Greenspan is great with words, great to read and listen to. But something stinks around the Fed. In his book "The Age of Turbulence" he writes"...Rising leverage appears to be the result of vast improvements in technology and infrastructure, not significantly more risk-inclined humans. Obviously, a surge of debt leverage above what the newer technologies can support invites a crisis. I'm not sure where the tipping point is." (slightly paraphrased) And now "...We have not confronted a situation like this in over half a century," and, "The problem is not the lack of regulation but unrealistic expectations about what regulators are able to prevent." Well someone should explain the $530 trillion in cdos as it rips it's way through the belly of the economy like a butchers knife.

    Reply
  • commenter
    SeekingAlpha
    Editors
    Apr 06 05:21 AM
    My Website
    General Discussion on BX
    Is this a buy or a sell? Reply
  • commenter
    Apr 03 09:31 PM
    A Xenophobic Threat to CalPERS and Private Equity [view article]
    Some of the "xenophobia" is due to a psychological conversion-projection: the current congressionals, who often cite foreclosure victims and damn the banks, and cite foreign buyers as looking to sabotage U.S. interests, are themselves responsible for the current deficit's growth and the devaluation of the dollar. The congressionals have done this to avoid facing true funding deficits for programs that they created (Medicare and Federal mandates for educational improvements and Medicaid required services, etc., etc.) (and forget about the costs of war) They were content to let foreign countries buy U.S. treasuries, to finance the congressional's infantile needs to be liked, but when these same countries finally had enough of the lower returns and decided to enlarge their holdings by buying equities &/or infrastructural assets (e.g., Macquarie's various infrastructual trusts) ... and perhaps get an equity return instead of a deflating bond return, these same economically-challenge... congressionals, pandering to their debt-ridden constituents, decided to blame the foreign investment groups.

    The current credit crisis far antedates 9/11/01; antedates Greenspan, and goes back to the irresponsibility of uncontrolled deficit spending and hosting the political lice of lobbyists, whose bites leave envious itches that must be scratched by "I'll vote for yours, if you'll vote for mine".
    Reply
  • commenter
    Mar 31 08:04 PM
    Under The Radar News - Monday [view article]
    hitting the nail on the head seems to becoming common place for you.Would you mind screwing up once in awhile so that i might hammer you.Keep the informative opinions coming. Reply
  • commenter
    Mar 31 03:48 PM
    Under The Radar News - Monday [view article]
    "Microsoft (MSFT) has for all intents gone silent. All this can mean only one thing: A deal between the two has to be getting ever closer."

    Possibly. But not necessarily. People seem to keep forgetting that this merger absolutely DOES NOT benefit EITHER company or their respective shareholders. If it DOES look like it's going forward, expect numerous shareholder lawsuits.
    Reply
  • commenter
    Mar 31 10:45 AM
    My Website
    Calling a Turn in Blackstone Group [view article]
    Good article Reply
  • commenter
    Mar 31 10:41 AM
    A Look Back At the Blackstone IPO [view article]
    So, is it time to buy back in now that we have gone from extreme optimism to extreme pessimism and now that BX is down 56%? The day that it becomes public record that Schwarzman has started buying back his own stock, it will be too late to get the big returns. There is one big positive here. It makes me feel warm inside knowing that the Chinese were such big investors. Reply
  • commenter
    Mar 31 09:03 AM
    Under The Radar News - Friday [view article]
    Great work Eli, very helpful and always useful info! Reply

Trading Center