Tuesday, October 30, 2012

Carlyle's Rubenstein Speaks on Fearlessness

Carlyle Group co-founder David Rubenstein spoke at TEDx Mid-Atlantic

Each speaker was called on to say how he or she had exhibited the conference’s main theme:  Fearlessness 
Rubenstein's fearlessness has been on display many times on PEU Report.  He showed his massive cojones for demanding Congress keep his preferred PEU tax status, doing so multiple times.   He fearlessly accepted incredibly lax credit terms for PEU deal financing, later making the analogy to sex and everyone's inability to say no. 

David Rubenstein was fearless in holding onto Texas taxpayer money for jobs promised by Vought Aircraft Industries. For six years Carlyle affiliate Vought held onto $35 million, providing none of the promised 3,000 new jobs. Fearless....