Monday, October 24, 2011

Joking about bankers? Not really.

Blackstone co-founder Stephen Schwarzman joked about Brian Moynihan, CEO of Bank of America, by drawing a parallel between Mr. Moynihan and his brother, Patrick:

"Patrick runs a Catholic boarding school in Haiti,...,so their parents must be so proud to see two of their boys each running an underfunded, nonprofit, organization."

Of course, it's not just one banker - Brian Moynihan alone - who is facing tough times, they all are, apparently.

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