TechGods Need Intermediaries to Message the Little People

For decades private equity underwriters (PEU) could not understand why the public was not buying private equity as "mankind's highest calling."  They poured money into campaign after campaign, even changing their trade organization to American Investment Council (AIC) from Private Equity Growth Capital Council (PEGCC).

It appears TechGods have the same struggle and the hottest job in TechLand is storyteller.  

Private equity grew exponentially over the last two decades and many Americans have had experience with their employer becoming a PEU affiliate.   After promises of no change management began importing PEU strategies.  

Adding huge debt and corresponding interest payments required headcount be cut.  The operating model usually involved new tech with varying levels of capability. Employees saw co-workers terminated, communication become top-down only and dealt with new tech, often with little or poor training.  Customer service scores dropped and success was often redefined lower within the new capital structure.  

TechGods played a tangential role in PEUs traumatizing workplaces as they were often behind the incapable technology that was to replace people.  TechGods had their own spheres to lord over, retail, social media, fintech, crypto and now artificial intelligence.  

PEUs early on saw the value of government dalliances.  They built their industry on influencing politicians and tapping Uncle Sam's wallet.  TechGod's are late to this game but bring their "in your face" brashness, a direct contrast to subtle, behind the scenes PEUs.

TechGods need papering over and communication specialists are the ticket.  Just as most people now know Trump II is insane, they know TechGods are not for us.  Look at their history. a story that is already written.  

The future of work is error filled AI as errors are built in and inherent in the models.  You need a PT Barnum level communicator to sell that crap.  

Politicians Red & Blue love PEU and their new TechGod brethren.  Increasingly, more are one.

TechGods in Epstein Library

Microsoft founder Bill Gates was the top male TechGod in search results from the just released Epstein Library.  Google founder Eric Schmidt came in between Jeff Bezos and Marc Andreessen.  Specific numbers can be seen in the graphic above.

Epstein worked hard to get Schmidt to a dinner in 2013, dropping names like Woody Allen & Soon Yi, as well as Ehud Barak and Peter Mandelson.  

A March 2012 e-mail from redacted had a number of TechGods on an invite list for two seminars, one on money and another on power.  

The top female, TechGoddess Nicole Junkermann, came in at 3.482 results.  Junkermann spanked all the Boy TechGods.

Politicians Red & Blue love PEU (private equity underwriters) and their new TechGod brethren and increasingly, more are one.  

Epstein's Junkermann PEU

The Epstein Library has curious functionality.  Yesterday I could search the last name Junkermann and see 4,000 results.  Today it shows zero.  

A search on that person's first name, Nicole, produced over 5,000 results.  I'll venture most belong to Junkermann but there is another Nicole that works for Deutsche Bank.  

Nicole Junkermann founded NJF Capital which invests in various transformative tech ventures.  It also has a sister firm, NJF Private Equity.  That makes her a private equity underwriter (PEU).  There aren't many who can pull off a TechGod/PEU combo.

In January 2014 TechGoddess Nicole Junkermann informed Jeffrey Epstein that she had "split up with mario."  

Junkermann experienced the creep in Jeffrey Epstein.  He lorded over her as ungrateful and ungiving, but she gave it right back.

Jeffrey and his wingman, Donald, missed the part about insiders not speaking badly about other insiders.  Either would trash you in a heartbeat.  

The DOJ's Epstein Library is another window into politicians Red & Blue love PEU and their new TechGod brethren where increasingly, more are one.

Epstein Core Part of Insider Club

The Harvard Crimson wrote in 2003 regarding Jeffrey Epstein:

Lindsley Professor of Psychology Stephen M. Kosslyn, former Dean of the Faculty Henry A. Rosovsky and Frankfurter Professor of Law Alan M. Dershowitz are among Epstein’s bevy of eminent friends that includes princes, presidents and Nobel Prize winners.

Epstein is also well acquainted with University President Lawrence H. Summers. The two serve together on the Trilateral Commission and the Council on Foreign Relations, two elite international relations organizations.

Larry Summers informed one U.S. Senator in 2014:

I had a choice. I could be an insider or I could be an outsider. Outsiders can say whatever they want. But people on the inside don’t listen to them. Insiders, however, get lots of access and a chance to push their ideas. People — powerful people — listen to what they have to say. But insiders also understand one unbreakable rule: They don’t criticize other insiders. 

Searching the Epstein files for private equity underwriters (PEU) I came across a 2015 e-mail from Anthony Scaramucci to Epstein regarding a club settlement.  

Yes, in the good company of PEU insiders.  

Searches of the just released Epstein files show:

Apollo Global - 8,259 results

Blackstone Group - 117 results

Carlyle Group - 168 results

KKR - 364 results

Politicians Red & Blue love PEU and their new TechGod brethren.  Increasingly, more are one.

And the whole thing smells just rotten to the core, especially as victim's lawyers are:.  

contending widespread failures by the DOJ to redact names and identifying information of Epstein’s victims

Victims are not insiders and thus, not listened to.

Epstein Files: KKR Mentions

The 3.5 million document release of the Epstein files contains numerous private equity underwriter (PEU) references.  This post includes a number related to KKR.  Above you can see a Kevin Law offering to put Epstein's buddy Prince Andrew into a KKR syndicate.

A David Stern contacted Epstein regarding KKR's "interest in the business."  Stern offered to be "on P alert" for Jeffrey.

Richard Kahn contacted Epstein to inform him of Trump I's catering to the PEU class, including KKR.

Kahn reached out to Epstein regarding a possible investment relative to a former KKR partner.

TechGoddess Nicole Junkermann contacted Epstein in regard to KKR.

Epstein and contacts accessed shareholder information from KKR.

Kevin Law referenced KKR again and their pushiness:

Deutsche needed Epstein information for their KYC efforts for Southern Trust Company, Inc.:

Southern Trust Company "provided cutting edge consulting services" in the area of "biomedical and financial informatics."  Epstein's Pedo Island business received an economic development subsidy:

“a 10-year package of economic incentives running from Feb. 1, 2013, until Jan. 31, 2023, that included a 90% exemption from income taxes and 100% exemptions from gross receipts, excise, and withholding taxes in the Virgin Islands.”

The PEU boys hate paying taxes.  

Over a four year period  "Epstein’s income tax exemption was $71.3 million.”

It's no surprise that Jeffrey Epstein ran with the greed and leverage boys given his political connections and the fact that Apollo co-founder Leon Black (likely the LB mentioned in an e-mail above) funded Epstein's lifestyle.  

Epstein owned 50% of American Yacht Harbor in Red Hook where Southern Trust Co. has its office. The marina is still receiving EDC tax breaks.

Looking through the PEU window for the last few decades has been disturbing enough.  Adding the Epstein spyglass further sickens me.  

Politicians Red & Blue love PEU and their new TechGod brethren.  Increasingly, more are one.

Trump II Sues Trump I's IRS/Treasury After Nixing Booz

Trump II sued Trump I's IRS and Treasury Department for damages from a contractor's leaking his tax returns.  Trump II is asking for $10 billion in damages.   

The Supreme Court ruled regarding Trump I:

Under our constitutional structure of separated powers, the nature of Presidential power entitles a former President to absolute immunity from criminal prosecution for actions within his conclusive and preclusive constitutional authority. And he is entitled to at least presumptive immunity from prosecution for all his official acts.

The Supremes later ruled that Trump's tax returns can be shared with the public.  That happened in 2022.  Trump I said at the time:

"The Democrats should have never done it, the Supreme Court should have never approved it, and it's going to lead to horrible things for so many people."

The Treasury Department nixed all of Booz Allen Hamilton's federal contracts recently.  The tax return leaker had access to the information as a Booz Allen employee.  PEU connection - Booz is a former Carlyle Group affiliate.  

What's going on here with the sitting President suing his former administration as a private citizen?  Deal ,makers get deal fees and that's hard to do as a public official.  There's also the "deity thing" regarding Trump's self-image.  

Deal fee or tithe?  Maybe a bit of both given his entitled status and free reign.  

Update:  Trump II's publicly funded "payments to self" plan include:

The Gods of Capital, also known as private equity underwriters (PEU) are known for their fractal fee/cash extraction from affiliates and their ability to mark to fantasy.  Trump II is doing likewise at the federal cash trough for his personal engorgement.  

Update 2-1-26:  Assistant Attorney General Todd Blanche informed George Stephanopoulos this morning that the Justice Department is working on the President's priorities.  

They closed the interview discussing citizen Trump's $10 billion lawsuit against the government he "runs" and the $230 million Trump can award himself at the stroke of a pen.  Blanche acted like a Trump Truth Social post was not the method the President uses to convey his priorities.  Typical for Trump II who gets to have it all ways...

Red Team former Governor Chris Christie said there are no independent people at the top of Trump's "Just Us" Department to handle his two requests for large chunks of federal cash.

PEU-fin' USA

Universal Basic Capital (UBC) Records just released The Greed & Leverage Boys' new hit, "PEU-fin USA."

If everybody had an RIA 

Across the U.S.A. 

Then everybody'd be PEU-fin' 

In their IRA 

You'd see 'em wearing their Vuarnets 

Gucci loafers too 

A short and tapered hairdo 

PEU-fin' U.S.A. 

You'd catch 'em PEU-fin' on Carlyle (inside, outside 401(k)) 

KKR is just fine (inside, outside 401(k)) 

Blackstone and Apollo (inside, outside 401(k)) 

Affinity Partners too (inside, outside 401(k)) 

All over the White House (inside, outside 401(k)) 

And down at the SEC (inside, outside 401(k)) 

Everybody's gone PEU-fin' 

PEU-fin' U.S.A.

The spoof on Universal Basic Capital arose from my pondering how the mavens of capital might profit?   I caught a whiff of private equity underwriter (PEU) with a splash of TechGod.  

My wise friend offered:

I think it's a trap to convert fictitious capital to placate the masses.  Everything is a trade off.  Let us control our valuations and we will tokenize our fraud and distribute some to you.

And the little people cheered the excessive marks for they finally had a small piece of that fraudulent pie.  

Let us give thanks to politicians Red & Blue who love PEU and their new TechGod brethren.  Increasingly, more are one and their sons shall be far richer than their billionaire fathers.

The Greed & Leverage Boys Tour is coming to a stadium near you (where they also own the NFL/NBA/MLB professional sport team).  Club deals are back baby!  Possible inspiration for their next hit?   

If you go, gird yourself for the late hit or screamer foul ball.  They can come out of nowhere.