Tag Archives: bailout

Blackstone Defaults: Subprime Meltdown 2?

Posted on March 5, 2023 by Lawrence Person

This story seems like it should be a bigger deal: Blackstone (NYSE:BX) has defaulted on part of a €531M bond backed by a commercial portfolio owned by Finnish property investment firm Sponda, which it acquired in 2017. The private equity … Continue reading →

Posted in Democrats, Economics | Tagged , , , , , , , , , , | 6 Comments

$12.2 Billion Profit = Big Bucks, But $6 Trillion for ObamaCare = Chump Change

Posted on February 19, 2010 by Lawrence Person

Obama’s Health and Human Services Secretary Kathleen Sebelius said that “insurance company profits are ‘way over anybody’s estimates.’ She said the five largest U.S. insurers took in combined profits of $12.2 billion in 2009, 56 percent higher than in 2008.” … Continue reading →

Posted in Democrats, ObamaCare, Waste and Fraud | Tagged , , , , , | Leave a comment