Private equity headliners at the World Economic Forum in Davos, Switzerland are familiar faces. Blackstone Group founder Stephen Schwarzman will speak on "Building Saudi Arabia's Future Economy."
One bullet point is "new opportunities for investment." Will Stephen speak on the plight of detained Prince Alwaleed bin Talal, currently held in a high security prison? Oddly, Carlyle's David Rubenstein made big money off the Prince in the early 1990's.
Schwarzman will also address "Global Markets in a Fractured World" alongside the former CFO of The Carlyle Group.
Carlyle Group co-founder David Rubenstein will talk about "The Next Financial Crisis" alongside former brother-in-law Kenneth Rogoff. Rubenstein will also moderate a discussion on retail supply chain innovation. Will Rubenstein have on Supreme street-wear and Golden Goose Deluxe sneakers? He is ever the salesman.
Global Technology Partners' Ashton Carter will address "Future Shocks: Cyberwar without Rules."
Generation Investment Management's Al Gore will revisit climate change in a session titled "Responding to Extreme Environmental Risks", "Stepping Up Climate Action." and "Climate's Two Degrees of Separation." Former Vice President Gore didn't make the "How Do We Stop Sexual Harassment" panel.
The World Economic Forum is a symbol of greed and accumulation of power/influence which broke a number of societies over the last few decades. That private equity underwriters (PEU) are advising the reformation of Saudi Arabia is darkly comedic.
