When responding to a question from Bloomberg regarding recent allegations of collusion by private-equity companies, Blackstone president Tony James called the claims "a bunch of malarkey."
Anand Chokkavelu and Matt Koppenheffer determine this is much ado about nothing and is no doubt a direct cause of the fact that we're in an election season. Investors would do well to dismiss these allegations as well. See more in the following video.
With so many of the big finance firms getting bad press these days, you may be inclined to stay away from the sector entirely, but that could be a huge mistake. In fact, some of the best opportunities over the next few years can be found there, including one small, under-the-radar bank. It's been called one of The Stocks Only the Smartest Investors Are Buying. You can learn about it, and more, in our exclusive free report. Just click here to keep reading.