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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGoldman Sachs exec rents Aspen hotel for his daughter's Bat Mitzvah
Newspapers in Colorado today are reporting that the elegant Hotel Jerome in Aspen, Colorado, will be closed to the public from today through Monday at noon.
Why? Because some local squire has apparently decided to rent out all 94 rooms of the hotel for three-plus days for his daughters Bat Mitzvah.
The hotels general manager, Tony DiLucia, would say only that the party was being thrown by a "nice family," but newspapers are now reporting that the Daddy of the lucky little gal is one Jeffrey Verschleiser, currently an executive with Goldman, Sachs.
At first, I couldn't remember where I knew that name from. But then I looked it up and saw an explosive Atlantic magazine story, published last year, called, "E-mails Suggest Bear Stearns Cheated Clients Out Of Millions." And then I remembered that piece, and it hit me: Jeffrey Verschleiser is one of the biggest assholes in the entire world!
...
Back in the day, you see, Verschleiser headed Bears mortgage-backed securities operations. Toward the end of his tenure, his particular specialty began with what at the time was the usual industry-wide practice, putting together gigantic packages of crappy subprime mortgages and dumping them on unsuspecting clients.
http://www.rollingstone.com/politics/blogs/taibblog/everything-you-need-to-know-about-wall-street-in-one-brief-tale-20120113
MADem
(135,425 posts)Wonder how much that soirée is costing?
phasma ex machina
(2,328 posts)Christian JP Morgan's far greater sins get omitted. The City of London Company central bankster cousinhood seems to play favorites with its marquee named sock puppets.
TalkingDog
(9,001 posts)Less words wasted on promoting a concept that could be better used for another purpose.
And I agree. If they act like shit heels, they should be called out for being shit heels.
villager
(26,001 posts)...with all this Gilded Age excess...
Owlet
(1,248 posts)American Capitalism at its finest.