SHOWBIZ USA WHO I AM NOW IF PRESIDENT
H’Wood Crawling Chuck
supports past a Norris
pot porous kicks it
projects border around
Page 16 Page 14 Page 20
Cox’s head to be delivered to him on a media: “Obviously, we are dissatis-
silver platter. But Cox had the misfor- fi ed with the loss to our partners
tune of taking over the Securities and from our investment in Washington
Exchange Commission in August Mutual.” Look for Bonderman to
2005, just as dark clouds began to rebound, however: This Harvard law
gather on the economic horizon. As grad’s spot on Forbes’ global list of
the nation’s No. 1 regulator of Wall billionaires (No. 334) is no accident.
Street, Cox may fi nd his name for-
ever linked to the worst economic
Bookish LOSER
disaster since the Great Depression.
Jeff Bezos
Founder,
Amazon.com
Grizzled WINNER
As prodigies go, Bezos
Ben Bernanke
appears star-crossed: He survived
Chairman, Federal Reserve
the dotcom implosion, only to get
OK, this is a contrarian
burned in the subprime meltdown.
choice. Bernanke has drawn plenty of
How many economic crises can one
heat for his management of the sub-
billionaire endure? Unfortunately for
prime meltdown. But thanks to the
Bezos, his
Amazon.com has diversi-
crisis, Bernanke no longer will have
fi ed into just about every retail sector
to labor in the shadow cast of prede-
that fi gures to be hit by the looming
cessor Alan Greenspan, whose career
recession: toys, video games, DVDs,
no longer appears so legendary. One
computers, cell phones, furniture,
of the world’s leading experts on
and more (a lot more). Wall Street
the causes of the Great Depression,
expects the company to take a big hit,
Bernanke now can put his own mark
and Bezos already has: The equity
on American economic history. He
value of his holdings had dropped by
has moved to urge Congress to pass a
$4.2 billion as of Oct. 17, according to
TY IMAGES
GET
new economic stimulus package.
The Wall Street Journal.
Billionaire LOSER
In-Demand WINNERS
AP IMAGES
David Bonderman
Legal Professionals
CAIN/
T
/MICHAEL BUCKNER/
Founding Partner, TPG
An army of attorneys will
/ BUFFET
Bonderman persuad- exact the pound of punishing regula-
AP IMAGES / MC
ed several institutional investors tion that Washington demands from
to inject $7 billion into WaMu in Wall Street’s hide. Also, look for a wave
OOMBERG NEWS
the severance pay. A
FoxNews.com
April. It looked like a sweetheart of class-action lawsuits as investors try
story observed, “Nice work, if you can
deal: Bonderman and his partners to recover their money. New York ONIOL/BL
get fi red from it.”
paid a 25 percent discount for 176 Attorney General Andrew Cuomo is
GES
/
AP IMAGES / BERNANKE/
OS
million shares. Dragged down by already on the warpath, moving to
OINE ANT
AP IMA
X/
Oft-Lambasted
bad mortgage loans, however, WaMu cut off bonuses and compensation to
ANT O
LOSER
continued to bleed. In September, former AIG execs and announcing a
OM / C
Christopher Cox
WaMu became the largest bank fail- “wide-ranging investigation” into the
AP IMAGES / BEZ
ure in U.S. history, and The New short selling of fi nancial-market equi-
S
/NEWSC
T
O
Chairman, SEC
York Times reported “shareholders, ties. As joblessness hits Americans
OMPOSITE/
APHO
McCain probably didn’t
and some bondholders will be wiped hard in the fi rst half of 2009, lawyers
SIP
TREET C
help his campaign any by calling for
out.” TPG’s muted reaction to the will be doing just fi ne.
ALL S
W SCALE/ISTOCKPHOTO / BONDERMAN/ FISHMAN/
DECEMBER 2008 / NEWSMAX 9
0008_NF_Opener.indd 908_NF_Opener.indd 9 111/7/08 2:46:34 PM1/7/08 2:46:34 PM
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