Wall Street Billionaire Appears to Be Genuinely Puzzled by Bernie Sanders' Populist Crusade
How is that happening, why is that happening?” wonders Stephen A. Schwarzmann.
ECONOMY
Wall Street Billionaire Appears to Be Genuinely Puzzled by Bernie Sanders' Populist Crusade Against the Richest 1%
How is that happening, why is that happening?” wonders Stephen A. Schwarzmann.
Multi-billionaire Stephen A. Schwarzman says he’s puzzled by the amount of discontent apparently felt by other Americans these days.
Steve Schwarzman is a bland-looking, somewhat paunchy, not unattractive, balding man of benign demeanor who will be 69 on Valentine’s Day 2016. He’s worth $12 billion, give or take a few hundred million. He is a poster boy for Wall Street success and self-esteem and cluelessness. He’s the co-founder, chairman, and CEO of the Blackstone Group, one of the world’s largest financial firms, specializing in private equity, hedge funds, and mergers. He’s a Republican, and his life has been going pretty well for him lately, as it has for decades.
But he freely admits (or pretends to admit) that he doesn’t understand why the rest of America isn’t just as content as he is. On January 21, at the World Economic Forum in Davos, Switzerland, Schwarzman spoke to a gathering of his peers who run the world about his perception of the US presidential election campaign:
“I find the whole thing astonishing and what’s remarkable is the amount of anger whether it’s on the Republican side or the Democratic side…. Bernie Sanders, to me, is almost more stunning than some of what’s going on in the Republican side. How is that happening, why is that happening?”
http://www.alternet.org/economy/wall-street-billionaire-appears-be-genuinely-puzzled-bernie-sanders-populist-crusade-against
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