(Trump connected) Blackstone, Prudential "Win Big" in $16B UK Loan / Mortgage Buyout
Last edited Sat Feb 25, 2017, 02:07 PM - Edit history (2)
Bloomberg is reporting that Blackstone and Prudential have succeeded in winning a bid for $16 Billion of UK mortgage holdings from failed lender Bradford & Bingley. They prepared for it via a $1.5 B raise of seed capital. https://www.bloomberg.com/news/articles/2017-02-09/blackstone-said-to-get-1-5-billion-for-new-hedge-fund-managers
Does anyone wonder how this relates to Trump's supposed debt to Blackstone? http://www.democraticunderground.com/10028443060
Does anyone wonder if Steve Mnuchin, mortgage foreclosure king, was able to apply some of his expertise herein?
Or maybe none of the above.
It's a small world. Blackstone'S CEO Steve Schwarzman (aka Trump Economic Advisor) just threw himself a $10 M birthday party in Palm Beach, attended by Jared and Ivanka. http://www.marketwatch.com/story/blackstone-ceo-throws-himself-the-party-of-the-century-2017-02-14?reflink=seekingalpha
It's a small world...Blackstone had teamed up with Goldman Sachs just two years ago to bid on either the same or similar mortgage holdings of Bradford & Bingley. https://www.zacks.com/stock/news/178005/goldman-amp-blackstone-bid-20b-for-uk-mortgage-assets
Good think Trump doesn't have any connections to the swamp that he promised to drain.
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