blackstoneiposecondayfirstdaypopletdisapointingipoperformancedownwarddowndowndown.JPGStephen Schwarzman threw his son Teddy and new daughter Ellen a lavish Jamaican wedding last weekend blah blah blah $20,000 barbecue blah blah blah$8,500 4-hour fireworks display blah blah blah bought up the entire hotel for a $50,000 flat fee blah blah blah $150,000 open bar blah blah blah $1,000 wedding cake blah blah blah that’s a lot of money for flour, eggs and milk blah blah blah. No. This little gathering was a drop in the bucket compared to the $3 million birthday party Stephen threw himself last year. The subtext here is that Schwarzman is a bad father. The excuse that Blackstone just lost $113.2 million holds no water because we hear Schwarzman has plans to put stone crabs on the endangered species list by the end of the year. (Last complaint, because we’re really not trying to be negative about the whole thing, it’s just happening organically but 4 hours of fireworks? Seriously? That’s like half the workday. Wouldn’t your neck start to hurt? Wouldn’t your ears start to ring? What am I missing here? I’m really asking. Educate me.)
Earlier: Crab Hands Jr. Is Off The Market
Like Pa, Like Son [NYP]

Comments (32)

  1. Posted by Jamaica | November 19, 2007 at 3:25 PM

    firework display was 4 minutes, not 4 hours. nypost got it wrong…

  2. Posted by anon | November 19, 2007 at 3:27 PM

    why crab hands? and yes, 4 hours is obscenely long for fireworks, but if it really was 4 hours long, then 8,500 doesn’t really buy you much. normal shows go for like 10k for an hour.

  3. Posted by anon | November 19, 2007 at 3:30 PM

    8,500 for 4 minutes sounds much more in tune with everything else that’s been reported. glad to see that that db has jamaican bus boy readers.

  4. Posted by Lumbergh | November 19, 2007 at 3:32 PM

    Schwartzman is such a loser. What kind of idiot spends that much on a cake? That’s poor judgement no matter how wealthy you are. Some people just don’t deserve the money they have.

  5. Posted by Anonymous | November 19, 2007 at 3:34 PM

    the post says $8,500 for four hours.
    “Young Teddy Schwarzman likes a fireworks display, so his pa splashed out $8,500 for four hours worth on the grounds of the posh Round Hill Resort in Montego Bay.”

  6. Posted by HAM'05 | November 19, 2007 at 3:34 PM

    not to fill with gratuitous hahaha’s but bess, crab hands picture never gets old.

  7. Posted by Nominate me | November 19, 2007 at 3:38 PM

    $1,000 for a cake for idiots? I live in flyover country and that is definitely not out of line. Now, $150k for an open bar, that’s an f-ing party!

  8. Posted by Anonymous | November 19, 2007 at 3:39 PM

    Why has db started clipping off the top of the crab hands portrait?

  9. Posted by Jamaica | November 19, 2007 at 3:42 PM

    3:34
    right, but the Post got it wrong. surprise.

  10. Posted by anon | November 19, 2007 at 3:45 PM

    3:39, the head’s been cut off for a couple of months now. still, could someone explain the crab reference? why not squeaky shoes?

  11. Posted by Anonymous | November 19, 2007 at 3:46 PM

    $20,000 bbq? THat’s it?

  12. Posted by - | November 19, 2007 at 3:50 PM

    how much do you want for an obscene bbq? 50? 100? we’re talking about chicken & lobster. you can’t do too much damage with 130 people. that’s 150 a head for bbq. not a buffet, but BBQ.

  13. Posted by Anonymous | November 19, 2007 at 3:57 PM

    3:50, I figured there would be like 500 ppl…

  14. Posted by - | November 19, 2007 at 4:09 PM

    3:53, nypost had the headcount at 130. if i’m not mistaken, that’s the same amount of “wait” for stevey’s own party.

  15. Posted by Anonymous | November 19, 2007 at 4:21 PM

    Overcompensation for the tiniest little-man tools in the history of the human race.

  16. Posted by The Old Pooperoo | November 19, 2007 at 4:21 PM

    I had a Big Mac combo for lunch – $6.45, and a buttered roll and coffee for breakfast – $1.85. Tonight I’ll pick up a 6 pack of Coors at the bodega — $9.00 for tall boys, cause that’s how I roll. And maybe two slices of pizza — $4.00. What do you mean, nobody gives a flying fuck? OK, I’ll get a whole pizza, and it’ll cost me 70 grand! There. Happy?
    Seriously, who cares about this rich POS and his spending habits?

  17. Posted by Yo! MG | November 19, 2007 at 4:25 PM

    haven’t added up the totals, but those are practically mini-baller amounts for a wedding these days. Maybe Daddy S’ frugality is a leading indicator of tough times ahead for Blackstone.
    Best thing is that I have an ad next to this post from “Cheapcaribbean.com!”

  18. Posted by Anonymous | November 19, 2007 at 4:31 PM

    To those that are asking about the crab hands, never come asking me for a job. I will screen all of you out by asking such questions. I can’t believe you can’t figure that out on your own or haven’t picked up a paper.

  19. Posted by stone crab | November 19, 2007 at 4:55 PM
  20. Posted by mot | November 19, 2007 at 4:56 PM

    this is the wedding of a son who married a shiksa (a hot shiksa, with some height to her, which the family needs)- why do you think they went to Jamica with only 130 people?
    In new york $1000 gets you a wedding cake for 8 people.

  21. Posted by AJ | November 19, 2007 at 4:59 PM

    Crab-hands is still the best image to ever come out of the infamous Dealbreaker graphics department

  22. Posted by girl | November 19, 2007 at 5:19 PM

    im fairly certain thats the only image ever coming out of the DB graphics department

  23. Posted by Anonymous | November 19, 2007 at 5:22 PM

    has anyone noticed that girl’s a perma-bitch?

  24. Posted by AJ | November 19, 2007 at 6:39 PM

    Girl, you forget the amazing Vonage graphic

  25. Posted by Anonymous | November 19, 2007 at 6:43 PM

    AJ, you forget the other schwarzman ones such as:
    http://www.dealbreaker.com/2007/04/what_if_rod_stewart_ran_blacks.php#more
    and
    http://www.dealbreaker.com/2007/03/david_weidner_knows_why_blacks_1.php#more
    obviously there are more where that came from.

  26. Posted by Phil Seltzer | November 19, 2007 at 11:00 PM

    Cake couldn’t cost $1k just like fireworks – 4 min or 4 hours – couldn’t cost $8.5K. Don’t let the “facts” mess with the issue!!!
    We don’t like Schwartzman!!! Why? Because we’re not him.
    If we we’re him we’d be quite happy, thank you.

  27. Posted by tokyobk | November 19, 2007 at 11:15 PM

    Yeah, here in Japan they have these hours long fireworks displays. It is re-g-damn-diculous.
    I read a survey, however, which says undercover “fireworks” last the shortest in Japan of all developed countries.
    I guess here on the other side of the earth its all backwards.

  28. Posted by Anonymous | November 20, 2007 at 12:57 AM

    what the fuck is the god damn issue Carney et al with getting “thank you for posting” bullshit when you try to post a comment with a URL in it?
    Can’t you guys just borrow a tech guy from gawker or jezebel or something?

  29. Posted by Anonymous | November 20, 2007 at 7:59 AM
  30. Posted by Anonymous | November 20, 2007 at 10:20 AM

    fireworks were four minutes.

  31. Posted by Anonymous | November 20, 2007 at 10:28 AM

    Lumbergh, are you kidding me? 1K for a cake is f*ing cheap. I expect more from ol’ crab hand!!!

  32. Posted by Anonymous | January 24, 2008 at 4:16 PM

    I do believe the bride’s family paid for the wdding.

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