Restoring Normal Immigration Procedures for Cuban Nationals, 01/26/1988
In light of the Government of Cuba’s announced decision on November 20, 1987 to begin immediate reimplementation of the December 14, 1984 U.S.-Cuba migration agreement and subsequent actions that evince its intention to abide by this commitment, U.S. efforts set forth in National Security Decision Directive 235 of August 18, 1987 (hereinafter, “NSDD 235”) are determined to have succeeded in obtaining Cuba’s agreement to restore normal immigration procedures…
Official Washington is rife with talk about inequality. But right outside Congress’s doors, the residents of D.C. are living it. (Photo by James Lawler Duggan/Reuters)
sadly the best horror movie I’ve seen in a long time…Academy Award winner #AlexGibney’s #PBS expose on the the widening economic gap in the US…trust me, while the right complains about Mexicans immigrating into the US the reality is the policies set forth in Washington under the guise of “teaparty freedom” are quickly transforming our economy into the Mexican model I grew to despise while living there: i.e. the 11th largest economy in the world but one with the second highest degree of economic desparity between the extremely rich (who I lived around & with and pay little or no taxes) and the extremely poor (who the wealthy are totally disconnected from and have almost no social safety net) and where almost half the population lives in poverty. #ParkAvenue: #MoneyPowerandtheAmericanDream 😖 #KochBrothers #PaulRyan #AynRand #CharlesSchumer #StephenSchwarzman — Photo taken on Instagram by @existential_disco http://ift.tt/1am9I8o
A huge Fuck You to this man who is responsible as I’ve seen first hand of the suffering and struggle of all SeaWorld INC Employees and cutting our way of living THE CEO OF BLACKSTONE! Stephen Schwarzman #FuckYou #Blackstone #stephenschwarzman #CEO #corrupt #corruption #greed #evil #BlackStoneGroup #WallStreet — Photo taken on Instagram by @ball http://ift.tt/1akIj0S
Samantha Bee investigates the shady-yet-totally-legal business dealings of a private equity firm called Blackstone.
Light was shed this week on the unbelievably legal credit fraud that was committed by The Blackstone Group (owners of Sea World, Orbitz.com, and many other companies). They are the douchebag of the week for engaging in practices as a company, that would get any individual thrown in jail. So, corporations are people, except where breaking the law is concerned. According to Wikipedia, Blackstone is a multinational private equity, investment banking, alternative asset management and financial services corporation. It was founded by these two douchebags, who made the bulk of their money working for Lehman Brothers. Stephen A. Schwarzman Stephen A. Schwarzman Peter George Peterson Peter George Peterson In layman’s terms here’s how I understand it. Unaffiliated company A took out a loan of 35 million dollars. Blackstone bought bonds and CDS on company A, then told company A they would pay them 35 million dollars to pay the interest payment on their loan 2 days late, which would require company A to pay their entire loan (of 35 million dollars) in full. It would also cause a 197 million dollar payout to Blackstone and it’s investors, because the bonds they bought were insured, and guaranteed to be paid on time. And this is all legal. Check out these articles for a much better explanation. (via Week of December 15, 2013 | Strength in Bitches…)
China, foreclosures, university entrepreneurship, mentoring and Maine are among the side interests of Stephen Schwarzman, the billionaire New York City entrepreneur and investor responsible for Hilton Worldwide’s coming IPO, expected to be the largest of any hotelier, ever. Besides the $63 billion portfolio of businesses owned through Blackstone Group (NYSE: BX.N), the investment firm he co-founded nearly three decades ago and took public in 2007, Schwarzman has a growing portfolio of entrepreneurial activities. Many are associated with the Blackstone Charitable Foundation, a nonprofit organization he created in 2008 to make contributions to the community. But Schwarzman is also taking advantage of several new economy opportunities. Earlier this year, he announced plans to create a prestigious international master’s degree program similar to the Rhodes Scholarships at the University of Oxford (students who typically create new companies, nonprofits or make some difference in the world). Called Schwarzman Scholars, the program will recruit 200 scholars a year from around the world to complete a master’s degree at Tsinghua University in Beijing and to foster stronger, long-term connections with fast-growing China. He’s contributed $100 million and pledged to raise another $200 million to make the program a reality in 2016. He also created a subsidiary within Blackstone to buy up foreclosed or distressed homes around the nation, renovate and then rent them out. With 30,000 homes under management, the year-old Dallas-headquartered company called Invitation Homes is positioning itself as the first national company for single-family home rentals. (via Stephen Schwarzman’s non-Hilton, entrepreneurial interests)
Strippers and Flippers … or a New Positive Force Helping to Drive the Economy …
The untold story of Steve Schwarzman and Blackstone, the financier and his financial powerhouse that avoided the self-destructive tendencies of Wall Street. David Carey and John Morris show how Blackstone (and other private equity firms) transformed themselves from gamblers, hostile-takeover artists, and ‘barbarians at the gate’ into disciplined, risk-conscious investors.
The financial establishment—banks and investment bankers such as Citigroup, Bear Stearns, Lehman, UBS, Goldman Sachs, Merrill Lynch, Morgan Stanley—were the cowboys, recklessly assuming risks, leveraging up to astronomical levels and driving the economy to the brink of disaster.
Blackstone is now ready to break out once again since it is sitting on billions of dollars
that can be invested at a time when the market is starved for capital.
The story of a financial revolution—the greatest untold success story on Wall Street: Not only have Blackstone and a small coterie of competitors wrested control of corporations around the globe, but they have emerged as a major force on Wall Street, challenging the likes of Goldman Sachs and Morgan Stanley for dominance.
Great human interest story: How Blackstone went from two guys and a secretary to being one of Wall Street’s most powerful institutions, far outgrowing its much older rival KKR; and how Steve Schwarzman, with a pay packet one year of $398 million and $684 million from the Blackstone IPO, came to epitomize the spectacular new financial fortunes amassed in the 2000s.
Controversial: Analyzes the controversies surrounding Blackstone and whether it and other private equity firms suck the lifeblood out of companies to enrich themselves—or whether they are a force that helps make the companies they own stronger and thereby better competitors.
The story by two insiders with access: Insightful and hard-hitting, filled with never-before-revealed details about the workings of a heretofore secretive company that was the personal fiefdom of Schwarzman and Peter Peterson.
Forward-looking: How Blackstone and private equity will drive the economy and provide a model for how financing will work.
Blackstone founder’s Rhodes-style China scholarship
Stephen Schwarzman, the billionaire founder of private equity giant Blackstone, is spearheading a drive to create an elite international education programme in China modelled on the 111-year-old Rhodes Scholarship.