It isn't just the garden variety pedophiles who are covered in these "scarlet letter" statutes.
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Confederacy of crooks: In case you weren't invited, there was a huge billionaire bash on Long Island, which cost a million alone for Elton John's services.
The occasion was billionaire Leon Black's 60th birthday.
Take a look at the guest list:
On August 13, billionaire private equity investor Leon Black organized a 60th birthday party for himself at his estate in Southampton, on Long Island, that cost “millions of dollars,” according to an account at CNNMoney. Reportedly, pop singer Elton John, who gave an hour-and-a-half concert for the 200 guests, was alone paid $1 million for his services.
The attendees, reports the New York Times, included financier and “junk bond pioneer” Michael Milken (initially sentenced to 10 years in prison in 1990, he served 22 months)—he was Black’s boss at investment banking firm Drexel Burnham Lambert (which went bankrupt in 1990 in the junk bond scandal); Lloyd Blankfein, chief executive of Goldman Sachs; “billionaire buyout titan” Stephen A. Schwarzman of the Blackstone Group; hedge fund manager and billionaire Julian Robertson; New York City mayor Michael Bloomberg, also a billionaire; Senator Charles Schumer, Democrat from New York, and devoted friend of Wall Street; miscellaneous “celebrities,” including fashion designer Vera Wang, Martha Stewart and Howard Stern.
Mr. Black’s home, writes the Times, is “one of the Hamptons most desirable addresses for its panoramic views of the Atlantic Ocean and Shinnecock Bay. He counts among his neighbors Calvin Klein and David H. Koch, the [extreme right-wing] billionaire industrialist.”
You knew a Koch had to be in there somewhere despite not being invited.
It is nothing more than a giant "fuck you" to the masses of people in this country who are hurting and are actually supporting these parasites thanks to giant tax cuts and bailouts of Wall Street.
From the original article:
But where Mr. Schwarzman’s $3 million birthday party came to be seen as a symbol of a new Gilded Age, a party like Mr. Black’s — at this moment in time — appears to some to be something else.
“It displays a kind of moral bad taste given the vast economic problems in the country,” said Michael M. Thomas, a former Lehman Brothers partner who writes novels about Wall Street. “This behavior suggests they are isolated from the rest of the world, living behind these great big hedges, and in a way they are.”
Mr. Black is no parvenu, having been a fixture on Wall Street for decades. When Drexel collapsed in the late 1980s, Mr. Black started a firm to buy stakes in troubled companies. Today, that firm, Apollo Global Management, manages $72 billion in assets and is publicly traded. Its holdings include Caesars Entertainment, the world’s largest casino company, and LyondellBasell, a big plastics and chemicals business.
Mr. Black, a major philanthropist to various scholastic, medical and cultural institutions, has also used his riches to amass a world-class art collection. In 2009, at a Christie’s auction, he paid about $47 million for a chalk drawing by Raphael of a woman’s head.
That money should have gone to Uncle Sam.
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