Wasserstein dead (the guy that made Rahm Emanuel a multi-millionaire)

NY POST ^ | 10/15/09 | MARK DeCAMBRE, PAUL THARP and JOSH KOSMAN

[stephenjohnbanker]

P I N G

[Landru]

"...the exact cause could not be determined."

Here we go, deja vu all over again.
The Clintigula *legacy* continues.

Thanks, Liz.
WTH would we all do without you. :^)

[Major Matt Mason]

He was a friend of Rahm's? So long to bad, anti-American rubbish, then.

[Mamzelle]

(sob sob)...

[Liz]

I share your sorrow. I’m all broke up about it, myself (bawl).

[Liz]

WTH would we all do without you------too horrible to even contemplate (blush).

[Landru]

"...too horrible to even contemplate (blush)."

May I suggest we not, then?

Contemplating your continued good fight's a much more pleasant thought; or, it 'tis for some of us fellas admiring your work from a distance. ;^)

[Liz]

....billionaire marries 29 yr old and dies 9 months later under mysterious circumstances....

I just hope he didn't OD on Viagra.

Wasserstein and number four.

[stephenjohnbanker]

“I just hope he didn’t OD on Viagra. “

Methinks he died with a smile on his face ;-)

[Liz]

Emanuel had brought the idea to GTCR to purchase SecurityLink......and his strong relationship with executives at SBC helped keep it alive. It was a troubled transaction that nearly collapsed when the venture capital company could not get financing. ” Rahm was relentless," said David Donnini, the GTCR principal who worked on the deal....“ calling almost every day, throwing out ideas to make it work, some crazy, some not.” Under a regulatory deadline to divest, SBC financed all but $100 million of GTCR’s $479 million purchase of the firm. Less than six months later, GTCR resold the company for $1 billion, earning a quick $500 million on its investment.

Six months later----a $500M profit ? Has to be fiduciary negligence there---failure to conduct due diligence about the company's real worth. Creditors and stockholders were shafted, unless they were offered a stake in the new entity.

[Liz]

Awwww, gee......that’s so sweet (dimples up).

[maggief]

Who’s the lucky bride distracting 61-year-old billionaire New York owner Bruce Wasserstein from the troubles of the media business? She’s Angela Chao, a politically connected 35-year-old shipping magnate.

Cityfile has the scoop on Chao: She’s the sister of Bush’s Labor Secretary Elaine Chao, a registered Republican, and an executive at her father James Chao’s Foremost Group, a shipping and trade concern. (She attends a lot of trade conferences, like the one at which this less-than-flattering photo was taken.) She’s smart: graduated Harvard in three years, then went to Harvard Business School, and worked in investment banking at Smith Barney. She seems lovely! So why did Wasserstein keep his wedding a secret? Was he worried about seeming like another weird old rich dude dating a younger Asian woman? Or was he worried that the Democratic politicians to whom he gives so much money wouldn’t like hearing about her politics?

http://gawker.com/5146687/bruce-wassersteins-secret-asian-bride-revealed

[litehaus]

BTTT 4 RAHMBO ALERT !