Romney will start his tour with a breakfast at Cipriani 42nd Street at $2,500 per head. Among the 80 co-hosts on the bill are Romney’s richest donor, hedge fund billionaire John Paulson, former Goldman Sachs chairman John Whitehead, Forstmann Little chairman Julian Robertson…Then, J.P. Morgan Chase vice chairman Jimmy Lee is hosting a luncheon at the Waldorf-Astoria. But the bank’s rep tells us J.P. Morgan Chase chairman and former Obama ally Jamie Dimon will not be attending. Later in the evening, Steve Schwarzman, founder of Blackstone, the world’s largest private equity firm, is hosting a more intimate event at his Park Avenue home with CEO Tom Hill, Third Point founder Dan Loeb, former Chris Christie backer and hedge fund honcho Paul Singer and former SEC chairman Richard Breeden. [NYP]
fundraisers
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Posted in:
Election 2012
Mitt Romney’s New York Schedule Includes Meeting With At Least One American Who’s Fallen On Hard Times This Year
By Bess Levin-
Posted in:
Election 2012
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 Romney
By 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.” Continue reading »
Think again. Continue reading »
So Obama and Wall Street, who once had a love that not only did not dare not speak its name but rather shouted it from the roof of the NYSE and decided one night to get each others’ initials tattooed to their asses, apparently now “hate” each other. Supposedly the President doesn’t think Wall Street gets what it’s done wrong, and Wall Street feels unjustly maligned by the one guy they thought they could trust. So, you know, they want nothing to do with each other! Don’t call me, don’t text me, don’t think about me and don’t you even dare respond to this email because I’m not interested in hearing what you have to say we’re to infer one side probably said to the other at some point in these last few months. And now, there’s this: Continue reading »
Reach: Rewarding Achievement is an educational non-profit started three years ago which helps prepare disadvantaged high school students prep for their AP exams. The program tutors roughly 3,700 kids in 31 New York schools on the weekends and awards them cash prizes of $500 for scoring a 5, $400 for 4′s and $300 for 3′s. So, that’s nice. Humanity and whatnot, helping people less fortune and so on and so forth. Having said that, as you may know, it’s not enough to just “support” these groups in theory. They need money and you need to give it to them. Fundraisers are of course a typical way of raising cash, but if you want to attract the ladies (which Reach does, women hedge fund execs being their target donors), you’re going to have to do a lot better than the standard scotch/cigar/poker night. Enter Ji-mei Ma, the event’s chairwoman and head of product marketing and client development at Nebula Capital Management.
“A lot of women don’t play poker, and women prefer to spa,” said Ji-mei Ma. So she went with champagne and spa treatments [and] called the fundraiser Bubbles and Bling.
Like fish in a barrel amiright? And speaking of fish… Continue reading »
She’s gonna put some seriously importante dudes’ b’s in a vice and then just, you know, trah la la, act like nothing happened and expect the checks to keep coming? Girlfriend should consider thinking again!
“I think at least in the short term there is going to be a great deal of frustration with people who were beating the hell out of us — then turning around and asking for money,” said a senior executive of a Wall Street bank. One member coming in for special criticism: Sen. Kirsten Gillibrand (D-N.Y.), viewed as largely unwilling to publicly defend her home state’s top industry but who continues to make fundraising requests, according to Wall Street insiders. “Sometimes their chutzpah just has no bounds,” an executive said, referring to Gillibrand, who is on the ballot this fall. “People like her who didn’t stand up for us at all during the debate are certainly going to feel some pushback.” [Politico via Daily Intel]
In fact! We’ve obtained exclusive behind the scenes footage of exactly what sort of “pushback” the Senator from New York is in for and let me just say, it looks terrifying. Continue reading »
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