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Julian Robertson Made Mitt Romney An Offer He Could Refuse

And did! (Next time think about throwing in a tutorial on beating The Man at his own game and some tales from the crypt to sweeten the deal.)

Not long after Mitt Romney dropped out of the presidential race in early 2008, a titan of New York finance, Julian H. Robertson, flew to Utah to deliver an eye-popping offer. He asked Mr. Romney to become chief executive of his hedge fund, Tiger Management, for an annual salary of about $30 million, plus investment profits, according to two people told of the discussions. For Mr. Romney, who had spent the previous decade in public life forgoing any paychecks, the position promised to catapult him back to the pinnacle of American business and into the ranks of the stratospherically rich. Several friends and relatives urged him to accept. “Let’s put it this way,” said Mr. Robertson. “He could have made a lot of money.” But Mr. Romney was uninterested.

Defeat, Introspection, Reinvention, Nomination [NYT]

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59 Responses to “Julian Robertson Made Mitt Romney An Offer He Could Refuse”

  1. Guest says:

    Wonder what he will offer Obama when he loses? Everyone is always looking for that perfect contrarian!

  2. GM-Laid-Me-Off says:

    Could buy a lot of lotto tickets with $30mil

  3. 25thHourTrader says:

    You're doing it wrong JR. Instead of paying talented people lots of money to work for you, you should pay them less than minimum wage so they leave and make a lot of money for someone else.

    -Barclays energy desk which now has more janitors than traders

  4. guest says:

    I turned down a $7.50 an hour job PLUS store discount at Best Buy when I was in high school in order to run for class president, but you don't hear me bragging.

  5. Sneor_Alpha says:

    Must be nice to be white.

  6. guest says:

    Would you rather

    A) Be President of the USA or

    B) Have Mad Cow Disease

  7. güest says:

    What does this have to do with pretty woman???

    – OWS Sr. Analyst

  8. Guest says:

    JR shoulda brought Jay-Z, some hookers and blow with him.

    –UBS NBA Quant

  9. Mike Tyson says:

    Tiger management isn't as easy as you think.

  10. Sean says:

    Did Mitt wake up with a Tiger's head in his bed after it was all said and done?

    -Guy who is mixing up Jungle Book with The Godfather.

  11. just sayin... says:

    you should eat your brains with some fava beans and a nice chianti

    • 28 bps later says:

      Please, don't make any jokes about eating brains, tyia.

      -Guy ready to drive a stake through one of his screens if someone posts one of those god damn Zombie comments.

      • güest says:

        Thats for vampires, bro, you're mixing them up, the zombies have gotten to your head.

        • Wesley Pipes says:

          Well thanks a bunch friend, any chance you also have any thoughts on how explain to IT why all the USB drives on my computer are stuffed full of garlic?

      • Guest says:

        Those comments are like zombies…they just keep coming back from the dead

        – Not a zombie commenter but a fan of his work

  12. L. Tilton says:

    I should give him tips. It usually works when I make people offers they can't refuse.

    – Lynnnie

  13. F T says:

    It is true that Romney appears to have steered Bain away from any vice investments of any kind.

    He specifically stated that he would not invest in companies involved in alcohol, cigs, guns or gambling.

    More or less a pioneer social investing PE fund if you can string that phrase together.

  14. FaF says:

    Every man tries to live up to his fathers dreams, or to correct his fathers mistakes. In my case, both may be true…

    — Barak Obama, from Paul Stuart advertising
    — Mitt Romney, co-signed

  15. UFO says:

    Balls? How about a CEO with the balls to tell shareholders to shut up and let him run the company? Maximizing shareholder value hasn't worked out so well compared to the banks that focused more on…..running their businesses intelligently.

    – guy with balls who states the fucking obvious

  16. Wittyfull says:

    He didn't take it because a golden parachute wasn't offered with the job

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