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Bloomberg: Carlyle Group/David Rubenstein In Talks To Purchase Orioles


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10 minutes ago, Frobby said:

Hmmm…

- He’s pledged to give half his fortune to charity 

- He gave $9 mm to the National Zoo for its panda pavillion

- He gave $20 mm to the National Gallery of Art

- He gave $10.5 mm to refurbish the Washington Monument

- He gave $50 mm to the Kennedy Center

- He gave $10 mm to build a library at Mount Vernon (George Washington’s home)

- He gave $20 mm to rebuild buildings at Thomas Jefferson’s Monticello 

- He donated $12 mm to Arlington National Cemetery

- He gave $28.5 mm to the National Parks Foundation 

- He gave $25 mm to the Sloan Kettering Cancer Center

- He gave $10 mm to the Library of Congress 

- He’s given more than $100 mm to Duke University

- He’s given more than $46 mm to University of Chicago Law School

- He’s given $60 mm to the Harvard Kennedy School

- He gave $30 mm to the Johns Hopkins School of Medicine

- He gave $15 mm to PBS

- He’s given $15 mm to the US Holocaust Museum.

https://en.m.wikipedia.org/wiki/David_Rubenstein

But right, “nothing in his history says he will do anything but bleed every dollar out what he buys to enrich himself.”

 

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Fun fact: Eve Rosenbaum’s father, Greg, was one of five co-founders of the Carlyle Group in 1987 along with David Rubinstein.  However, he ended up leaving the firm within a year and suing for breach of contract. 
 

I don’t know whether David and Greg are currently on friendly terms.

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11 minutes ago, Br10n said:

I said, things he bought!!!

You honestly think the Orioles generate the kind of money that a billionaire wants/needs? The operating profit of the Orioles is chump change for this guy. They can make money from selling the team after holding it for years but the guy is 74. 

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1 hour ago, SemperFi said:

That's exactly why I imagine it would be so tempting for him at his age.  This is a plug and play contending franchise-how often are sports franchises sold while on top-not many and that's why I think they'll sell at a premium to their valuation.  He's also a BASEBALL fan something I'm not of with JA.

As sold as the O’s are sold, the better it will be for everyone. I am euphoric at the possibility of this Angelos nightmare/curse being over after all these years!!!!!!

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12 minutes ago, Ohfan67 said:

You honestly think the Orioles generate the kind of money that a billionaire wants/needs? The operating profit of the Orioles is chump change for this guy. They can make money from selling the team after holding it for years but the guy is 74. 

I am just saying, nothing business wise says he will be the owner we want.  I was one of thousands of Marylanders that lost their jobs when his group took a Fortune 500 company from greatness to bankruptcy while he made millions and there was no regard for the Marylanders who's lives destroyed.  

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10 minutes ago, Br10n said:

I am just saying, nothing business wise says he will be the owner we want.  I was one of thousands of Marylanders that lost their jobs when his group took a Fortune 500 company from greatness to bankruptcy while he made millions and there was no regard for the Marylanders who's lives destroyed.  

I doubt he could be any worse

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16 minutes ago, Br10n said:

I am just saying, nothing business wise says he will be the owner we want.  I was one of thousands of Marylanders that lost their jobs when his group took a Fortune 500 company from greatness to bankruptcy while he made millions and there was no regard for the Marylanders who's lives destroyed.  

What place was this? I also worked at a company, a start up, that got bought by Carlyle, got chopped up, and then sold. I saw the writing on the wall and jumped ship before I got laid off.

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28 minutes ago, Warehouse said:

Fun fact: Eve Rosenbaum’s father, Greg, was one of five co-founders of the Carlyle Group in 1987 along with David Rubinstein.  However, he ended up leaving the firm within a year and suing for breach of contract. 
 

I don’t know whether David and Greg are currently on friendly terms.

Interesting.  Greg seems to have done okay for himself.   Eve went to school with my kids, and though I don’t know him, he seems to have had a successful career.  

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27 minutes ago, Br10n said:

I am just saying, nothing business wise says he will be the owner we want.  I was one of thousands of Marylanders that lost their jobs when his group took a Fortune 500 company from greatness to bankruptcy while he made millions and there was no regard for the Marylanders whose lives destroyed.  

Anyone/anything including a three legged turtle would be better than anyone with the last name of Angelos!!!

Those of you pretending that there can be something/worse than Peter/John Angelos are FUNNY! They have screwed us fans and the franchise every way they could at every turn possible.

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4 hours ago, RZNJ said:

We used to call that a hatchet job but maybe that’s politically incorrect in this case.  The article sounds silly and anything but objective right from the getgo.

Unspeakably disrespectful to hatchets, no question.  This thread - which began with some of the best news I've heard as an Orioles fan in a very long time - remains poised to erupt into a full-blown dumpster fire.  I don't get it.

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3 minutes ago, Bemorewins said:

Anyone/anything including a three legged turtle would be better than anyone with the last name of Angelos!!!

Those of you pretending that there can be something/worse than Peter/John Angelos are FUNNY! They have screwed us fans and the franchise every way they could at every turn possible.

john-fisher-2.jpg

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