Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

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Blackstone profits from aiding banks

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Blackstone Group (BX) last year insured Citigroup (C) against any initial losses on a $1.2 billion pool of shipping loans, said two people with knowledge of the transaction, who asked not to be identified because the matter is private.

Source: Bloomberg
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