Private-equity firms don’t have to wait for IPOs to cash in on their portfolio companies. They can simply direct those companies to pay them big dividends using borrowed money.

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by SpontaneousDisorder   Got the title from this tweet https://twitter.com/lisaabramowicz1/status/1177029332608409600 And if you’re paywalled…………… The emergence of racier high-yield bond deals in Europe may be pointing to a market that’s reaching its top. Take Blackstone Group LP as an example. The private equity sponsor plans to leverage off investor hunger for yield and pay itself a … Read more

Many Possible October Surprises

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via UPFINA: Markets are about to face an onslaught of news in October, with most of it occurring within 2 weeks. It was just announced that President Trump and Chinese Vice Premier Liu He will meet in Washington D.C. on October 10th and the 11th. Liu came to America as a special envoy on behalf of President … Read more

EVIL OF THE DEMOCRAT PARTY: 843,000 Illegals Apprehended at Border This Year – More than Populations of Seattle, Denver and Boston

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It makes me ill how the DemoRATS promote, encourage, support and ALLOW the invasion of our country. AND WHO PAYS THEIR SALARIES? WHO PAYS FOR THEM / ILLEGALS WHEN THEY CROSS THE BOARDER. US. I could spit nails over what’s been going on these past TOO many years. Over 800,000 illegal aliens were apprehended at the US … Read more

Judge Demands AOC Appear in Court for Blocking Twitter Followers

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Liberals should not have been so quick to change the rules for politicians online. When a federal judge declared that President Trump, as a politician, couldn’t block his Twitter followers, the ruling applied to other politicians as well. Congresswoman Alexandria Ocasio-Cortez (D-NY) is being sued by former Brooklyn Assemblyman Dov Hikind for blocking him on … Read more

WeWork scam exposed

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via Zerohedge: n an ominous sign for the commercial real-estate market, a large Singaporean investment firm has walked away from an £850 million ($1.04 billion) deal to buy Southbank Place, an office building near London’s Waterloo Station that boasts one of the largest WeWork spaces in the world, the FT reports. The deal collapsed shortly after WeWork called off … Read more

Strange Pattern of Chinese Communist Police Impersonators in United States and Australia

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Heads-up! One incident could be dismissed as a lone nutter tarding out, but when a pattern emerges in multiple locations in two different Western countries, it’s time to take notice. ———- California Probes Chinese Communist Police Impersonators Asian man arrested driving car with People’s Armed Police markings; second vehicle Bill Gertz | SEPTEMBER 27, 2019 … Read more

UPDATE: FACEBOOK begins to phase out ‘Likes’

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The test will be limited to people in Australia for now. Facebook As rumors suggested, Facebook is getting ready to start hiding “Likes” on its own site. The company has now officially started a test that will remove public visibility of Like, reaction and video view counts from people’s posts and ads across Facebook. This is … Read more

6 Incredible Benefits of Debt Consolidation

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Even though debt consolidation has been around for ages, it still continues to grow in popularity owing to its incredible benefits. If you are struggling to make your payments every month, you can consider consolidating all your outstanding debt. Although you can still file for bankruptcy, consolidating your debts would be the best option. A … Read more

Whistleblower Rules Secretly Changed – UNBELIEVABLE!

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The intelligence community secretly eliminated a requirement that whistleblower complaints contain only direct, first-hand knowledge of wrongdoing allegations. A new version of the complaint form allowing hearsay was secretly revised last month. https://thefederalist.com/2019/09/27/intel-community-secretly-gutted-requirement-of-first-hand-whistleblower-knowledge/ Report states: A previous version of the whistleblower complaint document, which the ICIG and DNI until recently provided to potential whistleblowers, declared … Read more

Fed Repo Operations to Continue Along With Potential Return to QE

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Photo by Flikr.com | CC BY | Photoshopped From Birch Gold Group In an attempt to calm a lending market rattled from liquidity issues last week, it appears the Fed is going to continue repo operations well into October. According to CNBC, “The process will involve three 14-day operations involving $30 billion as well as continued overnight operations of at least $75 … Read more

Rents in the USA: from the Priciest ZIP Codes to the Cheapest

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Rents in Chicago’s toniest ZIP codes are practically reasonable compared to the craziness elsewhere. OK, this is mind-boggler of a juxtaposition: The most expensive ZIP code to rent an apartment in is 10282, which covers Battery Park City, stretching along the Hudson River at the southern tip of Manhattan, where the … Read more