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 has actually 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, made publicly several times, 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, and why he is not fit to be President of the United States of America. Read more »
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. Read more »
Sayeth the restaurateur: “I would have to say that who has had the largest effect on the whole planet without us really paying attention across the board and everywhere is the entire banking industry and their disregard for the people that are supposed to be working for them [sic]….So 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…[T]heir evil has had a huge effect on the world.”
Update: According Batali, he was “misquoted,” and Forbes which stands by its story and says everything “is on tape,” should be ashamed of itself. Read more »
Like, if you’re going to insult the Kruge, try something a little more believable than “you’re stupid.” Guy is a tenured professor at Princeton, obviously not stupid. Try going after his beard. Read more »
John Taylor, Chief Investment Officer of FX Concepts, has been doing a lot of thinking about the economy lately and he keeps coming back to one thing– how similar things are to Europe just prior to World War II and how Bernanke’s actions are eerily reminiscent to those of Adolf Hitler. Sure, the facial hair is slightly different but other than that, Taylor says, “the parallels are ominous.” Really, it’s uncanny! If you aren’t lucky enough to be one of Taylor’s clients, who received the history lesson this morning, please join us as we take a gander at the outside the box “insight” some people apparently pay money to read. Read more »
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]
It’s not that Stephanie Madoff, wife of Mark, sister-in-law of Andy, D-in-L of Bernie and Ruth isn’t proud of the name or family she married into. Far from it. It’s just that she’s been thinking about it and it just doesn’t “mesh” so well with the image she’s going for. Stalin would be better. Or, hey, how about Hitler? Manson? Wouldn’t have to changed the monogrammed towels. That’s always something to consider. Think about it.
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So Madame Tussauds, the very popular London-based chain of wax museums that lets you pose like an idiot alongside your favorite celebrities, is adding a new figure to its collection. Can you guess who it is? Here are a couple of hints: failed painter; moustache; wouldn’t have been a fan of Lloyd Blankfein; final days chronicled in the documentary, “Hitler Sucks.” Give up? Obviously we’re talkin’ Adolf here.
Yes, the pride of Germany’s loins will soon be displayed in the museum’s new Berlin outpost (sadly, the Times Square location will not be as lucky, but we’re confident that the good people at UBS, who’ve not only got a predilection for the guy but loads of time on their hands, will do something about the injustice). A representative of MT told Page Six, “Madame Tussauds is apolitical . . . Our criteria are very simple – our figures represent either individuals who have reached the top of their chosen profession …[or the bottom].”
Obviously, this got us thinking. Why should Germany be the only one who gets a lovely wax replica of a colossal fuck-up? The 42nd Street museum will probably stick to its narrow-minded “no genocidal maniac” rule, but a financial services wing, long overdue, would be welcome. Among our nominees for inaugural candidates: Jimmy CaCayne, Angelo Mozilo (the first replica in Madame T’s history that will look more lifelike than the actual person), and Dick Fuld (note: his inclusion will be valid in two weeks’ time). Did we miss anyone? Let us know.
Nazi-Free Zone [NYP]