Not long after Mitt Romney dropped out of the presidential race in early 2008, a titan of New York finance, Julian H. Robertson, flew to Utah to deliver an eye-popping offer. He asked Mr. Romney to become chief executive of his hedge fund, Tiger Management, for an annual salary of about $30 million, plus investment profits, according to two people told of the discussions. For Mr. Romney, who had spent the previous decade in public life forgoing any paychecks, the position promised to catapult him back to the pinnacle of American business and into the ranks of the stratospherically rich. Several friends and relatives urged him to accept. “Let’s put it this way,” said Mr. Robertson. “He could have made a lot of money.” But Mr. Romney was uninterested.
Julian Robertson Likes Mitt Romney So Much He's Considering Letting The Governor Take Over The Number 1 Spot On Speed Dial
A slot previously held by a certain Home Depot founder who'd better step his shit up next time he's on CNBC. “I think people are getting to know the real Mitt Romney. I am thrilled that that is happening. He is really quite a guy. He is, in my opinion, intellectually and morally and managerially the man that is most qualified by far to be president of the United States. You're having a guy this afternoon that is a great hero of mine, but Mitt Romney is even better than Ken Langone...I think the campaign is going good. I think Governor Romney is really getting the American people to see the real Romney. That is what we have needed all along. I wish his family would expose itself more…I'd like to see Mrs. Romney, I would like to see the boys out and all of that more." Tiger's Robertson: hedge fund managers are scared [BloombergTV]
Hedge Fund Manager Paul Singer Thinks Paul Ryan Chris Christie Mitt Romney, His First Second Last Choice For The Ticket, Would Make A Great President
Anyone but you know who. Paul Singer, a prominent hedge-fund manager, has employed many tactics in seeking to ensure a Republican victory in November...he approached Rep. Paul Ryan and offered to back him in a presidential bid. When Mr. Ryan demurred, Mr. Singer's support helped him emerge as the vice-presidential nominee, people close to the matter said...Mr. Singer has warmed up to Mr. Romney though he didn't support his run for president in 2008 and last year pushed...New Jersey Gov. Chris Christie to run. "As I have gotten to know Mitt I have become increasingly of the view that he will make a very fine president," Mr. Singer said in a rare interview. Wall Street's Paul Singer Makes His Influence Felt [WSJ] Related: Meet The Draft Christie For President Committee
Julian Robertson's Dream Of Being Appointed Obesity Czar So Close He Can Taste It
He'll get his wish (and golden fat poker) yet.
On Second Thought, Some Republican Money Managers Don't Really Like Partying on Tuesdays
According to a report by Reuters, some Romney supporters in the financial community will be having a more enjoyable evening tonight than others. In one corner you have those who will be partying (Julian Robertson, Paul Singer, Anthony Scaramucci and other top Romney donors have been invited to attend a soirée at the Westin Boston; John Paulson is throwing a small get-together at his Upper East Side townhouse; and "less prominent Wall Street fundraisers will be gathering at Brinkley's Station, a bar and restaurant" on East 60th Street that serves "a $23.75 lobster club sandwich and $12 Bloody Marys"). In the other you have those who will be spending the night punishing themselves and telling anyone who calls, "I don't deserve to have fun." Like Jason Ader, who told Reuters that although he was originally going to party his face off in Vegas, circa 7PM tonight you'll find him pulling the lever at his polling station and telling his kids, through tears, "This is what it's like to vote for a looooser." Money manager Jason Ader, who gained prominence as a Wall Street gaming analyst and is backing Romney, had been planning to travel to Las Vegas for an election night "watch party" at the Venetian Resort Hotel Casino. But in the aftermath of Sandy, Ader says he has decided to stay home. The manager of Ader Investment Management, which provides funding to small hedge funds, "will vote and watch at home with my young kids and educate them about the process and the returns," he said. And David Hinman who's going to kick things off by swallowing the key to the fridge that houses his $21,000 bottle of 1928 Krug and then drawing the blinds shortly after nightfall and sleeping on the floor in a hair shirt. David Hinman, chief investment officer of SW Asset Management, a Newport Beach, California-based investment firm, said in an email: "100 percent Obama wins; no reason to party." Romney's hedge-fund backers plan to party on election night [Reuters]