In 2007, birthday boy Stephen Schwarzman celebrated with a party that cost $1 trillion and included John Thain, Maria Bartiromo, Vernon Jordan, Bill Clinton, Rod Stewart and Patti LaBelle singing "Happy B'Day." He's scaled it back in the years since, preferring the simplicity of quiet celebrations at home, just him, wife Christine and the crabs. Sixty-three was set to be more of the same, with a quick bite to eat followed by a 7:30 showing of Valentine's Day, the only trappings of diva-ness being SS's plan to send a fleet of assistants several hours prior to rope off a couple of sections with caution tape to prevent the riff-raff from interrupting his viewing enjoyment. That was, until Haiti called. And when Haiti comes a' knock'in, Steve Schwarzman answers. Rom-com, canceled. Dinner at the Sizzler, out. Lunch at home, in. Charity tennis match with John McEnroe et al, and the opportunity for Stephen "The Third Williams Sister" Schwarzman to help the earthquake victims while showing the "Adonis Effect" in action? So very in.
John Paulson Is The Most Resourceful Hedge Fund Manager In The World
In a pinch, Steve Cohen has made himself a few zip-up fleece jackets with only a travel sewing kit and some Silly Putty at his disposal. Alone in the woods and miles from home, Ray Dalio has been known to fashion slingshots out of the remains of wildebeests. Having blown through all his 100-count packs already and not wanting to catch anything, George Soros has constructed condoms out of strips of bacon; old tea bags; and British pounds. According to Dealbook, however, today they must all bow down to the master. John Paulson, the billionaire hedge fund manager, will be forever known on Wall Street as the man who made nearly billions shorting subprime mortgages. But on Monday night at the United States Open men’s singles final, DealBook witnessed Mr. Paulson do something that, while not nearly as remunerative, was almost as impressive: He turned his necktie into an ascot...As the match wore on into the night, the temperatures dropped into the 50s and spectators grappled with how to stay warm. But Mr. Paulson, unable to avail himself of the U.S.T.A.-issued blanket and possibly reluctant to spend money on a Polo fleece, chose a different approach. Early in the fifth set, Mr. Paulson removed his tie and unbuttoned the top button of his shirt. He then wrapped the tie around his neck and transformed it into an ascot, providing additional warmth for the duration of the match. Wall Street Sits Courtside For A Marathon Match [Dealbook]