Tony James responds to recent allegations.
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.
Anand Chokkavelu, CFA, has no positions in the stocks mentioned above. Fool contributor Matt Koppenheffer owns shares of The Blackstone Group. The Motley Fool has no positions in the stocks mentioned above. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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