Joseph Baratta, the head of Blackstone’s Private Equity Group recently said,
“We are in the middle of an epic credit bubble, in my opinion, the likes of which I haven’t seen in my career in private equity.”
Blackstone which was founded by two men who had worked together at Lehman Brothers before the collapse. It is owned by the most powerful of the Too Big To Jail Institutions. Continue reading “Blackrock on Deleveraging, The Market Top And Screwing The 99%.”

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