Blackstone to Banks: We Don't Need You
Blackstone has decided to disintermediate its banks when it comes to raising money for leveraged loans. Hell, Blackstone is a bank, I'm just surprised it's taken them this long to take this step.
...Blackstone has decided to disintermediate its banks when it comes to raising money for leveraged loans. Hell, Blackstone is a bank, I'm just surprised it's taken them this long to take this step.
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