Frank Bisignano isn’t coming right out and saying he’s sorry that his company hired all of those JPMCers right after he quit, but he is offering an olive branch wrapped with a novelty-sized check. Read more »
There’s Only One Person In This World Stephen Schwarzman Would Give A Bite Of His Soft-Shell Crab Sandwich And His Name’s Mitt RomneyBy Bess Levin
“First of all, this is a personal choice. From a corporate perspective, we have a lot of Democrats at the firm and my partner, Tony James, has been a supporter of the president. This is my choice, not a Blackstone choice. When we started Blackstone in 1985, the first investment we made in private equity was a joint deal with Mitt Romney at Bain. This turned out to be a marvelously successful deal with a profit of a company making aluminum wheels which expanded very rapidly. We made about 16 times profit. The second deal we did, Mitt led that one – we did that deal at Blackstone and we invited him to be the minority partner and we made 24 times our money. In finance, that’s a way to make friends.” Read more »
One question that people having been asking since the occupation of Zuccotti Park lasted longer than a weekend is, how long? How much longer, ballpark, will the Wall Street protesters stay camped out? Will the December chill drive them out? Will a January filled with sleet and snow that a certain someone will conveniently forget to remove do it? According to Stacey Hessler, not on her watch. The Florida resident, mother of four, and wife of a financial services employee named Curtis says she’s gotten comfortable.
“I’m not planning on going home,” an unapologetic Stacey Hessler, 38, told The Post yesterday. “I have no idea what the future holds, but I’m here indefinitely. Forever,” said Hessler, whose home in DeLand sits 911 miles from the tarp she’s been sleeping under.
And sorry, she’s not sorry. For those giving Stacey shit (her mom, husband, children, strangers), if you think she can just walk away, think again. Her place is here, in New York, with her new roommate, at the empathy table. Read more »
“Is Lloyd Blankfein ready to leave the firm?” Chaz has apparently hunted down some of Lloyd’s “friends,” who may or may not have told him LB might be ready to leave the firm, might not be ready to leave the firm or hasn’t decided what he’s feeling at the moment. Read more »
Remember John Paulson’s big trade a few years ago? This subprime business something or other? It ended up pretty well for him, netting a bunch of billions and the respect of his peers but at the time, most people who JP told about it it had a good laugh at his expense and thought to themselves, “who is this fuckin’ guy,” Paulson recounts. Read more »
Ladies and transvestite beauts of SAC– I have some devastating news to report. Arki Busson is back together with Uma Thurman, after having called off their engagement (and relationship) last December. I know that this is going to be a tough pill for you to swallow, but if it makes you feel any better, there’s going to be at least one person for whom the news is so much more devastating. And that guy is Andy Davidson. Read more »