Wall Street titans are betting big on insurers. What could go wrong?

Blackstone listed on the New York Stock Exchange during the summer of 2007. Doing so just before the global financial crisis was hardly auspicious, and come early 2009 the firm’s shares had lost almost 90% of their value. By the time the two other members of America’s private-markets troika rang…#blackstone #kkr #apollo #athene #bermuda #globalatlantic #tpg #naic #federalreserve #clos

Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news