So there you have it. Investing in any of the 19 largest banks is too difficult a task for Blackstone, which could afford to throw about two hundred more people and a few tens of millions more in lawyers and accountants fees into looking into the matter than you could. Not to mention that if Blackstone did invest, it would be able to do so below the market price that you would pay.
Are you still eyeing Wells Fargo's (WFC) share price looking for an entry level? Your odds may be better than they would be at the blackjack table. But only slightly.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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