Black Tie Ballin'
Mother. Funk that crisis. Please...
I figure after the mild bounce back in markets over the past week and the opportunity for many a monkey to exhale for a bit, it may not be a bad idea to go back to masturbatory fantasies about why you got into the industry in the first place. Certainly, throwing parties like Appollo head Leon Black is a good example of such aspirations.
No. You don't really have a passion for finance. No. You don't really give a rat's ass about proper valuation and bringing efficiency and liquidity to markets. No. You really are not in it for anything at all...besides this. Though you may choose to go with a different A-list crooner than Elton John, the principle is the same...foie gras stations, Howard Stern talking trash, Martha Stewart baking cookies and Mike Bloomberg selling you on another dozen terminals. Life doesn't get any better.
This is the real exit op. This is why you are legally blind in one eye from glaring at Excel.
This is why you don't give a shit about Main Street, this is why you will grow your bank roll until you are the pimp of political prostitutes. This is why Leon Black's baby is called Apollo and not fucking Demeter.
This is why everybody hates you and blames you for their ills. This is why you keep your head down and keep on pushing. This is why thirty years from now the hipster fucking your girlfriend while you slave away at bringing your VP coffee, will be making hateful comments about your Illuminati connections on the back pages of Yahoo Finance.
Stay hungry my friends...the foie gras awaits.
I think given the pyramid structure of PE, it's safe to assume we have a better chance of being invited to one of these than one day having the ability to throw one.
What really irked me in the article was the quote about it being in "moral bad taste" to throw a party. Come on--the guy has the money, and he wants to celebrate in style; let him do it!
FYI, I wouldn't mind having Elton John play, but for more of a party atmosphere I would get Roger Daltrey--he can still absolutely kill it live.
The real reason I came to Wall Street is because I wanted to get my sorry butt in gear. I felt as though I had become soft and lazy and was not happy with myself. I wanted a challenge, something for my brain to chew on, and yeah....the money is nice :)
....it's demoralizing to the massive amount of unemployed people who are told there's no money to hire them, but there's money for this type of party. It DOES strenghten the case of politicians who want to tax the rich more heavily because it demonstrates the following idea in practice: the money is there but the will to pay people to do things is not, and so the management of the overall economy is to be taken away from business leaders. "Let them eat cake" is a very, very, very bad public ethos coming from people who buy political support to defund public systems, especially with a president who WANTS to do this. Please pass the Koolaid, I'm all out of faith today.But if they cut back on the lavish parties, everyone would still be angry and say, "Well, it's just PR trying to make us feel better." It's a lose-lose situation. Now somebody can't have a party because it'll make other people feel bad? Gimme a break. That wasn't directed at you UFO, just at the idea that people would be offended by a guy who has some money and wants to have a blowout with one of his favorite singers headlining. If I had the cash, I'd do that too!
Lloyd with the jokes, love it.
I think it's spelled Apollo...
correct, sir...corrected
Midas, perhaps for the extraordinary vapid and narcissistic, that lifestyle would be sufficient. If that is all you aspire to, then you will likely be disappointed- unless, of course, you are vapid and narcissistic. I wholeheartedly endorse the quest for wealth, but this is not a truly gratifying way to spend your money over and over again. You will want to do something far more substantial with your life. That 'party' would be fun for about an hour, then I'd be asking myself- 'Who let all these sycophants in my house?" You really don't want to wake up a 50 year-old man with $30 million and the only way you can get any attention is throwing a $250,000 party, or in this case, a +$1 million party.
Oh, and I take exception to your assertion that we do not care about markets, finance, or liquidity. I, for one, know that participating in the capitalist system is the single, greatest way to increase the general standard of living (mine included) ever devised by man. Just because some may not be cognizant of the broader implications (or motivations of others) does not mean they do not exist. Read some Hayek.
Paying Elton John to play at my birthday party? Sounds fracking horrendous. The guy should pay me...
And one big thing that apparently sets OP and I apart... is that I would probably be in finance even if it didn't pay well.
lol looks like t mobil will be getting i phone
So, do pray tell, why is your girlfriend going to stop fucking the hipster (or the gardener), even when you've got the foie gras stations? Just an observation...
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