President Obama wants to lower corporate taxes, which will help private equity underwriters (PEU's). This move should get President Obama a number of $200,000 speeches at PEU investors meetings, much like the Presidents Clinton, Past President Bill and Hillary the Hopeful. Hillary recently spoke at KKR's and The Carlyle Group's annual investor meetings for $200,000 a pop. Surely, PEU Blackstone will ensure an Obama payday.
Blackstone has poured billions of dollars into the market... buying up thousands of homes at dirt-cheap prices, fixing them up, and then selling them for a profit.
Obama is setting himself up for a PEU life. Which PEU town will he choose for retirement?