Best Sentence I Read Yesterday on Blackstone and China

by Mr Juggles

China to Reinvest Bubble Proceeds in New, Larger Bubble

From Kevin Depew’s piece on China and Blackstone. Later in this piece is this gem “Anyway, it’s a good deal for Blackstone, because nothing says ensured profitability, prosperity and success like giving up an 8% stake of your firm to communists.”

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  1. Cincinnatus_C
    May 23rd, 2007 | 7:21 am

    China to Reinvest Bubble Gum Proceeds in New, Larger Bubble Making Technology

  2. DB
    May 23rd, 2007 | 3:54 pm

    “”The day after I signed up, The 400 was able to get me three dinner reservations, all at 9 o’clock – which is the most desirable time – at three of the best restaurants in the Hamptons,” says douchebag Upper East Side resident Andrew Rinaldi (who, you will be shocked to know, works on Wall Street). “If I wanted a Mercedes convertible – that’s a car that goes well with a Hamptons weekend – I would call my lifestylist and say, ‘I want that car. Make it happen.

  3. Random Dude
    May 27th, 2007 | 4:28 am

    I was recently at a conference, and someone had the balls to ask the keynote speaker about the government and political climate vs. the [perceived] opening economical environment in China. She never got a real answer. Or, I didn’t understand the answer.

    Middle class people with no real power can buy expensive cars, as long as they have permission. Most people [worldwide] don’t realize that people need permission to buy a car in China.

    Economic expansion and political change don’t necessarily go hand in hand, though it helps.