Sunday, May 22, 2016

Bair & Rubenstein Reunite at Washington College

FDIC Chair Sheila Bair gifted BankUnited to The Carlyle Group and a smattering of private equity underwriters during the financial crisis.  Carlyle co-founder David Rubenstein returned the favor by serving as the graduation speaker for Washington College, where Bair currently serves as President. 

As a bonus for speaking Rubenstein received an honorary doctorate of laws.  Shoreman Rubenstein's manipulation of the law enabled him to become and remain a multi-billionaire.   Sheila surely helped.  It's Carlyle Nation!