http://onlinejournal.com/artman/publish/article_2185.shtmlBlackstone Group LP -- your piece of the crumbling rock
As I write, the richest people in the world are divesting themselves of long-term investments. Paris Hilton's personal fortune, something she probably does not know originated from a loan from John D. Rockefeller, will probably receive a notification that her interest in Hilton Hotels has been sold. She may notice -- probably not.
Those who work for folks like Paris are, as you read this, stuffing assets such as Hilton (the corporation, not Paris) into pink dresses and pimping those long profitable but now matured enterprises out for sale. This means prettying up the balance sheet and fluffing the pillows, mostly. Those who do that work will be well compensated.
The Big Money People have left the room.
All of their cash is being carefully sequestered in banks, remote from risk. What the action tells you is to expect that the final segment of a long running con game is going into its final phase. Those in control are drooling in anticipation of one long final suck on the life's blood of America.
The target is your money, the money you thought was safe. The weapons are such Limited Partnerships as Kolberg, Kravitz Roberts & Co (KKR), Blackstone Group LP, and Apollo. This will be a big operation. That is why Blackstone went public last week. This week it is Apollo's turn. Limited Partnerships issue hunting licenses on your wealth you did not know existed. These LPs are opening their eyes, ready to go hunting for those huge repositories of long term capital in which you are probably happily invested.
Your money, tucked into those cozily safe mutual funds, IRAs, 401Ks, annuities or in your company pension plan are squarely in the crosshairs. Think again and familiarize yourself with these terms.
Terms and tiny bits of history you need to know for your own protection
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The Big Money People have left the room.