The End of the Diamond Encrusted Era, and Cheap Money

vupoint618.blogspot.com — An essay comparing the extravagance of Steve Schwarzman, of Blackstone, and Damien Hirst, the artist, as a signal that the recent era of cheap money and excess is coming to an end. Both have received great success, culminating in Blackstone's $33bn IPO and Hirst's $100m diamond encrusted skull. However, such wild pinnacles tend to end in hubris. Aug 15, 2007 View in Crawl 4