Sunday, March 8, 2009

How to Deal With a 3 A.M. Fear

(NYTimes.com/Ben Stein) CAN it be that only a couple of years ago, Stephen A. Schwarzman of the Blackstone Group, wildly successful in private equity, treated hundreds of guests at his lavish birthday celebration to performances by Rod Stewart and Patti LaBelle?

Can it be that as recently as 2006, financial firms accounted for almost one-third of all the corporate profits in the United States? Or that money was so free-flowing that a single bat mitzvah party could be estimated to cost $10 million?

Read the entire article

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