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    Ken Langone Is Sorry If You Think His Comments About Hitler Were About Hitler

    As we’ve witnessed over the last number of years, de rigueur among a subset of […]

    / May 19, 2014 at 5:22 PM
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    Ken Langone: Unintelligible Something Something Hitler 1933 1% Something Something

    “I hope it’s not working,” Ken Langone, the billionaire co-founder of Home Depot and major […]

    / Mar 18, 2014 at 1:15 PM
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    Don’t Get Mario Batali Wrong, He Thinks The Banking Industry As A Whole Would Fit Right In At A Genocidal Maniac Convention But They’re Great Guys One On One

    “A lot of the New York industry is bankers. And I like them individually…I keep […]

    / Jun 25, 2013 at 3:59 PM
  • News

    Leon Cooperman’s Beef With President Obama Involves An Unsolicited Copy Of His 14 Year-Old Granddaughter’s Self-Published Memoirs And Not One Handwritten Thank-You Note In Return

    Last November, hedge fund manager Leon Cooperman penned an “Open Letter To The President Of The United States of America,” in which he detailed the many ways Barack Obama was pissing him off. The Omega Advisors founder accused the President (and his “minions”) of engaging in class warfare, expressed disbelief that he could attack “capitalists who…fill store shelves at Christmas” and still sleep at night, and advised Obama to “eschew the polarizing vernacular of political militancy,” lest he lose* Cooperman’s vote the next year.  While LC says that he received a major outpouring of support for his words (“[he] keeps a bulging manila folder of congratulatory notes in his office”), others were less than pleased at what they saw as a guy who actually has done pretty okay under Obama lashing out because his feelings were hurt on the occasions the president was perceived to have a “tone” in his voice when discussing the mega-wealthy (“If I knew where you lived, I’d put a bomb in your car,” one person wrote Cooperman to say). Similarly, Cooperman’s suggestion, on at least two occasions, that America should be worried about the startling parallels between Obama’s rise to power and that of Adolf Hitler,** was met with mixed reviews, including one by his wife in which she called him a “schmuck.” And while some*** have found it preposterous that Cooperman would paint himself as a victim of Obama, their astonishment speaks to not knowing the whole story, i.e. exactly what this man- no, this monster– did to Leon.

    Last July, before he had written the letter, Cooperman was invited to the White House for a reception to honor wealthy philanthropists who had signed Bill and Melinda Gates and Warren Buffett’s Giving Pledge, promising to donate at least fifty per cent of their net worth to charity. At the event, Cooperman handed the President two copies of “Inspired: My Life (So Far) in Poems,” a self-published book written by Courtney Cooperman, his fourteen-year-old granddaughter. Cooperman was surprised that the President didn’t send him a thank-you note or that Malia and Sasha Obama, for whom the books were intended as a gift and to whom Courtney wrote a separate letter, didn’t write to Courtney. (After Cooperman grumbled to a few friends, including Cory Booker, the mayor of Newark, Michelle Obama did write. Booker, who was also a recipient of Courtney’s book, promptly wrote her “a very nice note,” Cooperman said.)

    Now do you understand? Now do you understand? Even Hitler would have sent SOMETHING.

    Super-Rich Irony [New Yorker]
    Earlier: Leon Cooperman Doesn’t Like The Tone Of President Obama’s Voice

    *Just messing about him ever being in a position to “lose” it, of course.
    **Settle down, he wasn’t saying Obama IS Hitler, would would be biologically impossible, he was just saying Obama is the second coming of Hitler, which is something people should be aware of:

    “You know, the largest and greatest country in the free world put a forty-seven-year-old guy that never worked a day in his life and made him in charge of the free world,” Cooperman told the New Yorker in May. “Not totally different from taking Adolf Hitler in Germany and making him in charge of Germany because people were economically dissatisfied. Now, Obama’s not Hitler. I don’t even mean to say anything like that. But it is a question that the dissatisfaction of the populace was so great that they were willing to take a chance on an untested individual.”

    ***Mrs. Cooperman, for example.:

    She is still a liberal, a position that puts her in the minority in their social circle. “She can be a socialist because she’s married to a capitalist,” Cooperman says of his wife, who is strongly pro-choice and pro-gay marriage. She calls Todd Akin, Rick Santorum, and Rick Perry “morons,” and she worries about the underclass. “I care more about the disadvantaged people of America,” she said, comparing her politics with those of her husband.

    / Oct 1, 2012 at 1:13 PM
  • News

    Ray Dalio’s “Biggest” Worry About The Global Economy Involves Hitler Circa 1933

    Earlier today, Bridgewater Associates founder Ray Dalio sat down with Andrew Ross Sorkin for a wide-ranging chat about QE3, China, gold, American competitiveness, monetary policy, and his general outlook on life and the economy. While there are a whole bunch of issues that Dalio could be worried about, his biggest fear? Is “another leg down in the economies causing social disruptions, because deleveraging can be very painful…but when people get at each other’s throats, the rich and the poor, the left and the right, and so on, you have a basic breakdown, that becomes very threatening. For example, Hitler came to power in 1933, which was the depth of the Great Depression, because of social tension between the factions.”

    What Worries Hedge Fund Titan Ray Dalio? [CNBC]

    / Sep 21, 2012 at 1:44 PM
  • News

    Mario Batali Kind Of Toppled The Way Tips Are Distributed And Took Most Of Them Into His Hands

    Remember, back in November, when Mario Batali provoked the ire of many a financial services employee when he said that “the ways the bankers have kind of toppled the way money is distributed and taken most of it into their hands is as good as Stalin or Hitler and the evil guys”? Kind of silly of to ask if you can jog your memory that far back, since if you’re one of the thousands that responded by vowing never to set foot in one of that bastard’s restaurants ever again (and made certain others wouldn’t as well, by noting in reviews that “fingernails” and “dog hair” were preferable to his food) you not only remember but think of that day, and stew over it, with every waking moment. And in the days and the weeks and the months since, you have waited for your moment to give him a taste of his own medicine, i.e. likening some of his questionable actions to those of genocidal maniacs. That moment has come.

    Mario Batali, the celebrity TV chef and New York restaurant owner, is often seen with actress Gwyneth Paltrow, taste-testing the culinary delights of Spain in their public television series “On the Road Again.” Batali took a detour, through his lawyers, to New York federal court in Manhattan, where he was sued and accused of cheating workers of part of their tips, as well as failing to pay overtime and the minimum wage. He and his associate Joseph Bastianich agreed to pay $5.25 million to settle the class- action lawsuit, according to court papers. Servers at restaurants including Babbo and Del Posto sued in 2010 alleging their employers violated the Fair Labor Standards Act — in part by pocketing gratuities equal to as much as 5 percent of nightly wine sales. “Mr. Batali, Mr. Bastianich, and their restaurants unlawfully confiscated a portion of their workers’ hard-earned tips in order to supplement their own profits,” employees said in their complaint.

    Batali got into hot water in November by saying bankers are “not heroes but they are people that had a really huge effect on the way the world is operating.” He apologized the next day, after financial industry executives criticized him and called for a boycott of his establishments.

    Batali Agrees to $5.25M Server-Tip Suit Accord [Bloomberg]

    / Mar 8, 2012 at 5:52 PM
  • News

    Mario Batali Is Sorry

    Earlier today, Forbes writer Jeff Bercovici reported that last night at the Time magazine Person […]

    / Nov 9, 2011 at 6:58 PM
  • News

    Bloomberg Users Would Prefer To Dine On Dog Hair, Human Body Parts, Cheesesteaks Than Set Foot In A Batali Restaurant

    Not sure, but it sounds like some people are still upset about the genocidal maniac […]

    / Nov 9, 2011 at 5:22 PM
  • News

    Mario Batali Bites The Hand That Keeps Him In Orange Crocs (Update)

    Sayeth the restaurateur: “I would have to say that who has had the largest effect […]

    / Nov 9, 2011 at 11:41 AM
  • News

    Only ‘Relevent’ Hitler Jokes, And Other Rules For Commenting On Paul Krugman’s Blog

    Like, if you’re going to insult the Kruge, try something a little more believable than […]

    / Jan 11, 2011 at 11:12 AM
  • News

    FX Concepts’ John Taylor Can’t Get Over The Similarities Between Hitler And Ben Bernanke

    John Taylor, Chief Investment Officer of FX Concepts, has been doing a lot of thinking […]

    / Oct 21, 2010 at 11:57 AM
  • 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 […]

    / Aug 16, 2010 at 10:30 AM
  • News

    Madoff Daughter-in-Law, Grandchildren Looking To Ixnay On The Adoffmay Amenay

    It’s not that Stephanie Madoff, wife of Mark, sister-in-law of Andy, D-in-L of Bernie and […]

    / Feb 25, 2010 at 12:29 PM
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    Their Contributions Will Not Go Unacknowledged!

    So Madame Tussauds, the very popular London-based chain of wax museums that lets you pose […]

    / Jun 11, 2008 at 12:00 PM