Saturday, August 15, 2009

MEET THE BLACKSTONES

BANZAI7 NEWS--A quirk of Securities and Exchange Commission compensation disclosure rules has left Blackstone Group Chief Executive Stephen Schwarzman at the top of a list of the highest paid executives in 2008.

What is not surprising is that the highest paid executive in America makes his living manufacturing and shuffling piles of paper, none of which has generated any return for Blackstone's IPO shareholders to date.



MEET THE BLACKSTONES
(Meet the Flintstones)
WilliamBanzai7

Blackstones. Meet the Blackstones. They’re a modern Wall Street tragedy.
From the town of Debt Shlock, they’re a page right out of leveraged asset history.

Let’s ride with Steve Schwarzman down the street.
Through the courtesy of Greenstone and Bernanke's monetary feats.

When you're dime's with the Blackstones, you’ll wait a long time. A long long long time.

You'll wait a long long long long time.

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