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Itchmo Forums for Cats & Dogs > Other/Misc > Unmoderated Discussions > Fortune's "King of Wall Street" thinks Nagasaki bomb blast was a joke
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Author Topic: Fortune's "King of Wall Street" thinks Nagasaki bomb blast was a joke  (Read 162 times)
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Poco
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« on: May 14, 2008, 10:38:25 PM »
http://www.marketwatch.com/news/story/blackstones-share-price-worse-schwarzmans/story.aspx?guid=%7BB51DFD4D%2DD30C%2D4D63%2DBBDF%2D0B7E422129C5%7D
DAVID WEIDNER'S WRITING ON THE WALL
Schwarzman's bomb
By David Weidner, MarketWatch
Last update: 11:16 a.m. EDT May 13, 2008

"Fortune's "King of Wall Street" wowed his audience by comparing a deal gone sour to an atomic bomb blast, according to multiple reports. Schwarzman apparently was speaking off script when he addressed investors in Boca Raton, Fla., last week."

"Trying to buy a mortgage bank in the midst of the subprime crisis was the equivalent of being a noodle salesman in Nagasaki when the atomic bomb went off. Not a lot of noodles left or even a person -- and that's what happened to us on this deal..."  



Now do you want to hear the one about
your mother and the milkman?
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"Our country is now geared to an arms economy bred in an artificially induced psychosis of war hysteria and an incessant propaganda of fear."  ----General Douglas MacArthur

"American GIs are not toy soldiers to be moved around on some global game board."  ----General Colin Powell
DMS
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« Reply #1 on: May 15, 2008, 05:20:45 PM »
Fortune's "King of Wall Street" wowed his audience by comparing a deal gone sour to an atomic bomb blast, according to multiple reports. Schwarzman apparently was speaking off script when he addressed investors in Boca Raton, Fla., last week."
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more like off his rocker!  they say these types can be insensitive?
« Last Edit: May 15, 2008, 07:28:07 PM by DMS » Logged
None are more hopelessly enslaved than those who falsely believe they are free.
-Johann Wolfgang von Goethe
Poco
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« Reply #2 on: May 15, 2008, 05:50:10 PM »
"With every public gaffe, Schwarzman looks less like a king and more like Wall Street's Marie Antoinette. He is a one-man wrecking crew working against his industry's reputation: from $3 million self-adulatory birthday parties and snobby comments about his butler's squeaky shoes, to his paycheck, to his Howard Hughes penchant for expensive seafood -- eaten cold -- and, now, to his belittlement of human suffering."

Don't worry, the reputation was already shot!
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"Our country is now geared to an arms economy bred in an artificially induced psychosis of war hysteria and an incessant propaganda of fear."  ----General Douglas MacArthur

"American GIs are not toy soldiers to be moved around on some global game board."  ----General Colin Powell
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