Wednesday, February 20, 2013

PEU Rubenstein's GCM Chuckles

Carlyle co-founder David Rubenstein is quite the joker.  He humbly refers to his time as a White House staffer under President Jimmy Carter.

“You’re very kind to mention that I worked in the White House, but not point out that I got inflation to 19 percent, which is very hard to do.”

Consider his elbow rubbing with President George H.W. Bush:

Rubenstein recalled a fishing trip to Iceland with then- President George H.W. Bush.  “It took me three days to catch one fish,” Rubenstein said. 

Ah, but Rubenstein landed Defense Secretary Frank Carlucci, who served alongside Vice President Bush in the Reagan administration.

These yucks are from Rubenstein's early years in the Government-Corporate Monstrosity (GCM).  He took Carlyle from the Bronze PEU Age to the Silver to Gold through Purgatory and into the Platinum Age, laughing all the way.