Presidents Day Sale: 12 Unbeatable Trades at Sale Prices

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BlackStone Group (BX)

Heads or Tails, They Win

By Tobin Smith

The TARP 2.0 Plan is out and guess what? The Treasury department is going into business with hedge funds and private equity firms! The new game is called TALF and it's a no-lose proposition for the hedge funds and private equity players who are chosen.

This a slam-dunk deal for the former Masters of the Universe. Treasury will guarantee high double-digit returns on the paper they buy and repurchase any of the paper that goes bad.

Heads they win … tails they win.

Publicly traded BlackStone Group (BX) is one big beneficiary. BX has come down from it's $30 IPO price and $45 value just less than a year ago. Yet they have almost $900 million in operating cash flow and a billion-dollar market cap.

They will be big players in this new TALF. It’s an easy double into next year as the plan rolls out.

Next: Everything You Want on Sale -- Including the Stock