First in line for new money

posted by
August 23, 2011
Ludwig von Mises Institute
by Doug French  
Posted in Commentary

"The world of high finance was still in full flight in February 2007. The cracks in the mortgage market had not yet begun to show and Stephen Schwarzman's Blackstone Group had just completed its $39 billion purchase of Equity Office Properties in what was the largest leveraged buyout ever." (08/23/11)

http://mises.org/daily/5570/First-in-Line-for-New-Money  

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