Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: Army Air Corps; Liz

tanks...Keeping it all together....Now if Soros could just join him in the ....naw we couldn’t be that lucky. (Liz is ther any possibility that They are all using those “foundation techiques” posted yesterday....)
From:

http://www.freerepublic.com/focus/f-news/2362974/posts

Wasserstein dead (the guy that made Rahm Emanuel a multi-millionaire)
NY POST ^ | 10/15/09 | MARK DeCAMBRE, PAUL THARP and JOSH KOSMAN

Posted on Thursday, October 15, 2009 7:57:39 AM by Liz

Wall Street bids adieu to famed Lazard dealmaker: Bruce Wasserstein died at age 61 after being hospitalized with an irregular heartbeat....the exact cause could not be determined. A Brooklyn native, Wasserstein amassed a fortune of about $2.3B doling out merger advice to players Carl Icahn and Ron Perelman. According to former Lazard banker, William Cohan, author of “The Last Tycoons: The Secret History of Lazard Freres,” Wasserstein made more money from investment banking than anyone else on Wall Street. “While everyone else was fighting the Vietnam War, he was studying English takeover law at Cambridge.” Lazard Deputy Chairman Jeffrey Rosen saw him slightly differently: “.....one who will be remembered as having the greatest impact on the investment banking business over the last 30 years.” Just nine months ago, Wasserstein took his fourth wife, shipping heiress Angela Chao, 29 (sister Elaine was Labor Secy for George W. Bush). One of five children of wealthy textile executive Morris Wasserstein, his grandfather was acclaimed Polish playwright Simon Schleifer; his sister was Pulitzer Prize playwright Wendy Wasserstein, who died in 2006. A graduate of U of Michigan, Wasserstein earned a law degree and MBA at Harvard. He started as a lawyer at Cravath, Swaine & Moore, but switched to investment banking.


(Sob) damn shame Wasserstein, Rhambo and Ohaha won’t be able to cash in, what with having the US Treasury at their disposal (/sarc). Rhambo and Ohaha must be c-r-u-s-h-e-d-—they will have to look elsewhere to squirrel away billions from the TARP slush fund and trillions from healthcare reform (sniffle).

RAHM TIMELINE: BALLETOMANE, CHICAGO OPERATOR, FOUNDED Rahm Emanuel and Amy Rule Charitable Trust TAX DODGE, CLINTON ADVISOR, WALL STREET MULTI-MILLIONAIRE, CONGRESSMAN, WHITE HOUSE COS (was not even voted most likely to succeed).

1992 Emanuel’s knowledge of the top Dem donors, and his affinity rapport with potential donors within the Jewish community, who were making zillions with Bernie Madoff, helped Clinton amass a then-unheard-of sum of $72 million which nailed the Billary victory.

1993 Emanuel became a senior advisor to Clinton 1993-1998. Emanuel was initially Assistant to the President for Political Affairs and then Senior Advisor to the President for Policy and Strategy. He was a leading strategist in the unsuccessful White House efforts to institute universal healthcare and many other Clinton initiatives.

1993 One of Rahm’s proudest moments was an event that touched his political sensibilities and his personal ties to Israel as a dual citizen and a volunteer in the Israeli military: the 1993 Rose Garden signing ceremony after the Oslo Accords between Israel and the PLO which cost US taxpayers several hundred billion dollars. Emanuel directed the details of the ceremony, down to the choreography of the famous handshake between Israeli Prime Minister Yitzhak Rabin and PLO leader Yasser Arafat (as terrorism resumed shortly thereafter).

1998 While official Washington was in the throes of the Monica Lewinsky scandal, Rahm Emanuel, a senior political aide to Pres Bill Clinton, ventured out to an elegant restaurant in Dupont Circle for something of a job interview, The New York Times’s Michael Luo writes.

John Simpson, who ran the Chicago office of the investment banking boutique Wasserstein Perella & Company, had flown to Washington to meet with Mr. Emanuel at the behest of Mr. Simpson’s boss, Bruce Wasserstein, a major Democratic donor and renowned Wall Street dealmaker who had gotten to know Mr. Emanuel.

“I had this idea that this could work and that it had upside,” Mr. Wasserstein, now chairman and chief executive of Lazard, the investment bank, told The Times. “It worked out better than I could have hoped.” And better than Mr. Emanuel could have imagined as well.

Over the course of a three-hour-plus dinner, Mr. Simpson and Mr. Emanuel discussed how they might work together. Shortly afterward, Mr. Emanuel accepted an offer, nudging him down what has by now become a well-trodden gilded path out of politics and into the lucrative world of business.

1998 Wonder Boy Rahm resigned his position as an advisor to Bill Clinton, to become a Wall Street investment banker with Wasserstein Perella, (now Dresdner Kleinwort), where he worked until 2002.

1999 Just like that (snaps fingers)——in 1999, Rahm became managing director at their Chicago office. According to Congressional disclosures, Emanuel made $16.2 million in his 2 1/2 year stint as a Wasserstein Perella banker (AND probably paid all his taxes).

Amazingly, with those contacts, Rahm became a multi-millioniare overnight——and he wasn’t even voted “Most Likely To Succeed.”

At Wasserstein Perella, Rahm worked on eight deals, including the acquisition by Commonwealth Edison of Peco Energy and the purchase by GTCR Golder Rauner of the SecurityLink home security unit from SBC.

2002 Rahm then ran for Congress (successfully, OF COURSE). Luckily (/snic) members of the securities and investment industry became Rahm’s biggest backers, donating more than $1.5M up to 2002, according to the Center for Responsive Politics.

2006 Rahm also leaned heavily upon the financial industry as 2006 Dem Congressional Campaign Committee Chair. Financial industry donors contributed more than $5.8M to the Dem committee (behind only retirees).

Remember, the point of Obama bringing Rahm in was so that “tolerant and compassionate bi-partisan Rahm” could work constructively w/ Congress to pass an ambitious agenda.......

Here’s tolerant Rahm expressing his feelings for America on inauguration day.


576 posted on 10/15/2009 6:28:54 AM PDT by hoosiermama (ONLY DEAD FISH GO WITH THE FLOW.......I am swimming with Sarahcudah! Sarah has read the tealeaves.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: hoosiermama; Army Air Corps
......any possibility that They are all using those “foundation techiques” you posted yesterday...

If they're not using those “foundation techiques” ..............I have 50 additional single-spaced typed pages of tax dodges and scams they might be using.

577 posted on 10/15/2009 6:50:30 AM PDT by Liz
[ Post Reply | Private Reply | To 576 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson