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Chuck Schumer’s son-in-law lands lucrative
gig at private equity giant Blackstone

Original Article

Posted By: Ribicon, 8/3/2022 9:47:28 PM

Senate Majority Leader Chuck Schumer’s son-in-law has been hired by top private equity firm Blackstone—the latest family member to land a lucrative gig with an industrial giant that is subject to government regulation. Michael Shapiro, the Princeton- and Yale-educated lawyer who most recently worked for the Biden administration as deputy assistant secretary for economic policy at the Department of Transportation, has been hired as director for government affairs by the Wall Street firm. Blackstone, which is run by billionaire businessman Stephen Schwarzman, has $880 billion in assets under its management. Shapiro’s portfolio at Blackstone deals with infrastructure investments and projects.

Comments:

Imagine an "investment advisor" with inside access to highly privileged information regarding massive government spending programs, and which specific companies will unexpectedly benefit from same. That would be an all-American hire, working the system like a parasite, but far be it for any member of The Greatest Deliberative Body in History to engage in such criminal behavior.

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Reply 1 - Posted by: Flyball Dogs 8/3/2022 10:04:14 PM (No. 1237101)
My my. More courtiers for The Realm.
17 people like this.

Reply 2 - Posted by: scottj 8/3/2022 10:05:27 PM (No. 1237102)
Democrat criminals.
24 people like this.

Reply 3 - Posted by: downnout 8/3/2022 10:10:36 PM (No. 1237103)
I’m sure the fact that he is the son-in-law of the Senate Majority Leader had absolutely nothing to do with his hiring.
34 people like this.

Reply 4 - Posted by: 24tea@Mag 8/3/2022 10:19:03 PM (No. 1237108)
Blackstone is China.
35 people like this.

Reply 5 - Posted by: GoodDeal 8/3/2022 10:55:57 PM (No. 1237125)
The Black Royalty is like a flesh eating bacteria in the global economy. Aladdin is in good form and will rule the planet. Aladdin in Backstones AI computer system that processes their operations. It pretty much runs the global economy and is constantly consuming data worldwide.
6 people like this.

Reply 6 - Posted by: MDConservative 8/3/2022 11:00:05 PM (No. 1237127)
This is the way it works for American political royalty. No matter what, there's always a good out or upward income mobility. Anyone who thinks outfits like Blackstone put ads in the paper for jobs like this just doesn't get it. Who you know is always more important than what you know at firms with $880 BILLION in assets under investment.
16 people like this.

Reply 7 - Posted by: EJKrausJr 8/3/2022 11:24:45 PM (No. 1237145)
Nepotism and corruption in the Deep State. Now it's Schumer. Are we supposed to be surprised?
19 people like this.

Reply 8 - Posted by: danu 8/3/2022 11:33:54 PM (No. 1237152)
the sleaze is nauseating
17 people like this.

Reply 9 - Posted by: DVC 8/4/2022 12:54:00 AM (No. 1237184)
Blackrock is pure evil, pure globalist evil. About 3-4 years ago I made sure that in my portfolio of dozens of mutual funds that NONE were Blackrock funds. None were, and we are certain to never have any.
15 people like this.

Reply 10 - Posted by: Hermit_Crab 8/4/2022 12:56:53 AM (No. 1237188)
It's not nepotism.... it is incest. Only we peasants are the ones getting 'skewered'.
13 people like this.

Reply 11 - Posted by: DVC 8/4/2022 1:24:26 AM (No. 1237200)
The spawn of the Deep State corruptocrats get lots of $$$ handed to them....and always a cut for their powerful relatives, of course.
15 people like this.

Reply 12 - Posted by: mifla 8/4/2022 4:06:46 AM (No. 1237223)
Worked for the Pelosi family.
18 people like this.

Reply 13 - Posted by: Hermoine 8/4/2022 8:42:49 AM (No. 1237353)
Would make Boss Tweed blush.
4 people like this.

Reply 14 - Posted by: Hermoine 8/4/2022 8:43:47 AM (No. 1237354)
#9 - This Blackstone, not Black Rock, but they're both bad.
6 people like this.

Reply 15 - Posted by: BeatleJeff 8/4/2022 9:00:01 AM (No. 1237373)
The most frightening thing about this article is the fact that Schmucky reproduced.
5 people like this.

Reply 16 - Posted by: WimeTarmerFable 8/4/2022 9:43:09 AM (No. 1237414)
The stink is deeply seated in the fetid economic swamp.
2 people like this.

Reply 17 - Posted by: bpl40 8/4/2022 11:07:21 AM (No. 1237477)
There must not only be NO conflict of interest. But there should be no APPEARANCE of a conflict. Unless of course your name is Biden, Schumer, Clinton, Pelosi. The stench is now getting unbearable. The sad part is they don't care because they know they will get away with it.
5 people like this.

Reply 18 - Posted by: Zigrid 8/4/2022 11:08:12 AM (No. 1237479)
Surprise...surprise...another insider's kid takes a great position from someone who has worked hard and risen in the ranks....it's called nepotism...seems Washington is filled with inept kids of senators and congressmen landing great jobs....no wonder DC is so backwards in functioning...they are clueless when it comes to running a company...and in this case...a government...
3 people like this.

Reply 19 - Posted by: broken01 8/4/2022 12:52:17 PM (No. 1237599)
Remember how the fake news press had it in for PDJT's son-in-law? They all but accused Kushner of being a Russian asset up to all sorts of nefarious dealings. How much time do you think those fools will spend on this story and it's obvious nepotistic connections. It makes me hate the slimy worm Up Chuckie Schumer even more.
4 people like this.

Reply 20 - Posted by: red1066 8/4/2022 3:37:30 PM (No. 1237838)
I just divested from everything Blackstone. As for this hire, I wonder what kind of degree this son in law has. Art? Women studies?
0 people like this.

Reply 21 - Posted by: Felixed 8/4/2022 10:40:00 PM (No. 1238224)
Well... there ya go folks. ... another happy coincidence.
1 person likes this.

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