Dear ,
Author Tom Wolfe made me feel outfoxed this week when he wrote an editorial in the New York Times commenting
on the fate of the not-really-fictional Masters of the Universe, those
million dollar bonus- making hotshots from Wall Street that he
described so deliciously in Bonfire of the Vanities.
He poked fun at any of our thoughts of Schadenfreude.
The REAL masters
of the Universe , he says, left Wall Street six years ago to start
hedge funds, what I call the
Extreme Sports version of investing.
Mostly they relocated to Greenwich and mostly by strategizing
themselves into ingeniously defensive positions that I might as well be
blowing spit bubbles rather than pretend to understand.
They continue to reign atop their financial fortune with a nut big
enough to support their tasteful lifestyle, which I fantasize as
including Evian bubble baths, heated floors, elegant fabrics and
classical lines. Their children will NOT attend Technical College or
get their ears pierced at age two.
These Masters of the Universe are not worried at all by the past few weeks of financial crisis because they know that THEY (READ MORE.THE FITNESS ANGLE IS COMING)
|
