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Bloomberg: Occupy Wall Street for the 99%, Occupy West 50th Street for the 1%

Two occupations: Occupy Zuccotti Park for the 99%, Occupy 50th Street for the 1%.  How does Michael Bloomberg respond to the two occupations?November 15, 2011: New York City Mayor Michael Bloomberg outlaws the occupation of Zuccotti Park by protesters who have peaceably assembled to engage in political speech and to petition for the redress of grievances (see U.S. Constitution Amendment I). American citizens who remain are arrested. American journalists are forbidden to observe the eviction. Journalists are placed in choke holds and arrested for defying this order.

This is the Bloomberg treatment for the 99%.

December 1, 2011: New York City Mayor Michael Bloomberg welcomes hedge fund managers and investors to the Bloomberg Hedge Fund Summit on West 50th Street, organized and presented by Bloomberg LP, of which Michael Bloomberg is the owner. If you’re a member of the general public, you’re not invited, and don’t even try it, because all attempts at registration will be screened, verified and approved. The $1,500 price per ticket is another barrier to keep out the hoi polloi, and the no-media breakfast in the Bloomberg Kitchen is sure to be a hit. Summit sessions include such topics as “Fed Eye on the Markets,” “The Unraveling of Europe,” “The China Bubble… What are the Opportunities for Investors?, “The Future of Hedging,” “View on the Election Year Ahead: Wall Street & The White House,” and “The Bid to Move Wall Street to Connecticut.” Members of the 1% presenting to their peers include:

Roger Altman, Founder and Chairman, Evercore Partners

Elena Ambrosiadou, Chairman and CEO, IKOS Group

Daniel J. Arbess, Partner, Perella Weinberg Partners; Portfolio Manager, PWP Xerion Funds

Carson Block, Founder and Director of Research, Muddy Waters Research

Paul M. Britton, Founder and CEO, Capstone Holdings Group, LLC

James Bullard, President and CEO, Federal Reserve Bank of St. Louis

Mark Carhart, Chief Investment Officer, Kepos Capital LP

Neil A. Chriss, Founder, CEO and CIO, Hutchin Hill Capital LP

Glenn Dubin, Chairman, CEO and Co-Founder, Highbridge Capital Management

Richard Haworth, Principal and CIO, 36 South Capital Advisors LLP

J. Tomilson Hill, Vice Chairman, The Blackstone Group; President and CEO, Blackstone Alternative Asset Management

Colm Kelleher, Co-President of Institutional Securities and Head of EMEA & Asia Pacific, Morgan Stanley

Stephen King, Founder and CIO, C12 Capital

Arthur Levitt Jr., Former Chairman, U.S. Securities and Exchange Commission (SEC)

Dannel P. Malloy, Governor of Connecticut

Barbara Novick, Vice Chairman and Head of Government Relations & Public Policy, BlackRock, Inc.

Mark Okada, Co-Founder and CIO, Highland Capital Management, L.P.

George Papamarkakis, Managing Partner and CIO, North Asset Management

Bruce Richards, CEO and Founding Partner, Marathon Asset Management

James G. Rickards, Senior Managing Director, Tangent Capital Partners

Mike Roth, Founding Principal, Stark Investments

Davide Serra, Founding and Managing Partner, Algebris Investments

Derek Smith, Managing Principal and Senior Portfolio Manager, BlueMountain Capital Management

Michael H. Steinhardt, Founder of Steinhardt, Fine, Berkowitz & Co. Hedge Fund and Promoter of Bloomberg for President

Whitney R. Tilson, Founder and Managing Partner, T2Partners LLC

James S. Tisch, President and CEO, Loews Corporation

Leon M. Wagner, Co-Founder and Retired Chairman, GoldenTree Asset Management

Boaz Weinstein, Founder and CIO, Saba Capital Management, LP

Jamie Zimmerman, CEO and Founder, Litespeed Management, LLC

Robert Zoellner, President, Alpine Associates Advisors

Presumably, none of the attendees will be pepper-sprayed or arrested. This is the Bloomberg treatment for the 1%.

2 comments to Bloomberg: Occupy Wall Street for the 99%, Occupy West 50th Street for the 1%

  • Tom

    Amazing isn’t it? We read about these same tactics in Syria on their citizenry, which escalated to outright murder, and now they are here on our own shore (and may end up going the same route). Once again the American sheeple just keep doing what they’re doing – letting it all happen without the huge upswelling of public denouncement that would (and should) be expected. As things go from bad to worse, expect more change in this attitude.

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