Sunday, June 18, 2017

PEU Bonderman's Joke About Women

This week's outrage went toward David Bonderman, TPG founder and Uber board member for his comments in an Uber board meeting.  Yahoo Finance reported:

“There’s a lot of data that shows when there’s one woman on the board, it’s much more likely that there will be a second woman on the board,” Arianna Huffington said around six minutes into the recording.

“Actually what it shows is it’s much likely to be more talking,” Uber board member David Bonderman said.

“Oh. Come on, David,” Huffington responded.
Bonderman is one of America's legendary PEU boys.  PEU is an abbreviation for private equity underwriter. Everything is fair game for the self interested greed and leverage boys.  The younger generation seem similarly self interested, including Uber's executives.    

Women cost Bonderman millions when they shopped less at J. Crew.  Have some compassion for the guy.  He's supposed to be going up the billionaires list, not going down.  

Bonderman did apologize and take responsibility for his words.  He resigned from Uber's board that very day.

David Bonderman did not say the last sentence in the image above.  That's my theory, projection, supposition, and/or active imagination.    

But if the shoe fits.........      keep it.  If not, please return using the enclosed label. That may be the greatest lesson history has taught Bonderman regarding capital structure in the retail industry.