News, Private Equity

Stephen Schwarzman Having Difficulty Forming An Opinion On Current Administration

President Obama and the business community have been at odds for months. But in July the chairman and cofounder of the Blackstone Group, one of the world’s largest private-equity firms, amped up the rhetoric. Stephen Schwarzman—the leading John McCain supporter in a firm that, in 2008, gave more money to Obama—was addressing board members of a nonprofit organization when he let loose. “It’s a war,” Schwarzman said of the struggle with the administration over increasing taxes on private-equity firms. “It’s like when Hitler invaded Poland in 1939.” [Newsweek]

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16 Responses to “Stephen Schwarzman Having Difficulty Forming An Opinion On Current Administration”

  1. Anonymous says:

    Dear, dear. It’s not fun when you can’t exploit tax rules, is it, Steve? I’m sure if you call Buffett you can get some Billionaire’s Misery Club going so your voice can be heard.

  2. Anonymous says:

    @1 stfu back office.

    -PE

  3. Texashedge says:

    Taxing carry at income rate = the Katyn Massacre

  4. Anonymous says:

    money still cant buy class

    needledick @2 – congrats, want a cookie?

  5. FQuant says:

    What a whinner!
    These assclowns with crap track records want large management fees, tax breaks, etc. I still fail to understand how they can raise money?

  6. Anonymous says:

    That’s the picture of him showing a newly minted CFA how to keep a doggy-style sex partner from hearing your high pitched, Ray-J “O” whine just at THAT moment.

  7. Anonymous says:

    Weird. That’s also how girls describe sex with me.

  8. Anonymous says:

    @5

    the force of PE is strong – you want to say whiner but unconsiously you crave being in PE, hence you type whinner..

    we PE guys play you like a violin, and in your case, its a sad tune

  9. Anonymous says:

    You tell him #8

  10. Anonymous says:

    5 = JC Penney accounts payable quant

  11. plang says:

    makes you wonder why anyone would be dumb enough to invest with blackstone…

  12. Anonymous says:

    Does this make it okay to do Nazi Germany reversal jokes now?

  13. Anonymous says:

    @7 Zing!

  14. A Guest Below says:

    That Hitler defense never gets old.

  15. Anonymous says:

    @12 – In Nazi Germany, $400 crab legs exterminate you!

  16. Anonymous says:

    First they came for the crab legs…