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Billionaire financier Thomas H. Lee found dead of self-inflicted gunshot wound in NYC office: sources [Man Who Invented the Leveraged Buyout Shoots Himself]
NY Post ^ | 2/24/2023 | RinaseaofDs

Posted on 02/24/2023 1:01:26 PM PST by RinaseaofDs

Edited on 02/24/2023 5:32:08 PM PST by Admin Moderator. [history]

Billionaire financier and investor Thomas H. Lee was found dead of a self-inflicted gunshot wound at his Manhattan office Thursday morning, police sources said.

"Lee is credited with being one of the first financiers to purchase companies with money borrowed against the business being bought — what is now called a leveraged buyout."

The Office of the Chief Medical Examiner will determine the official cause of death.

“The family is extremely saddened by Tom’s death. While the world knew him as one of the pioneers in the private equity business and a successful businessman, we knew him as a devoted husband, father, grandfather, sibling, friend and philanthropist who always put others’ needs before his own,” Lee family friend and spokesperson Michael Sitrick said in a statement.


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections; Your Opinion/Questions
KEYWORDS: improvement; karma; lbo; learnhowtopost; libinaseaoffreepers; vanity; vanitypostedinnews
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Story at the link. Today was a good day.
1 posted on 02/24/2023 1:01:26 PM PST by RinaseaofDs
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To: RinaseaofDs

2 posted on 02/24/2023 1:04:56 PM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: RinaseaofDs

He invented how to steal pension funds, later perfected by George Soros.


3 posted on 02/24/2023 1:05:59 PM PST by E. Pluribus Unum (The worst thing about censorship is ████ █ ██████ ███████ ███ ██████ ██ ████████. FJB.)
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To: RinaseaofDs

Did he use a lever action?


4 posted on 02/24/2023 1:06:03 PM PST by Larry Lucido (Donate! Don't just postill clickbait!)
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To: RinaseaofDs

safe and effective...


5 posted on 02/24/2023 1:08:26 PM PST by heavy metal (smiling improves your face value and makes people wonder what the hell you're up to... 😁)
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are leveraged buyouts illegal?


6 posted on 02/24/2023 1:08:57 PM PST by bankwalker (Repeal the 19th ...)
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To: All

Another Clinton associate accidentally shoots himself before falling off a building and shooting himself again, postmortem.


7 posted on 02/24/2023 1:09:17 PM PST by newnhdad (Our new motto: USA, it was fun while it lasted.)
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To: Larry Lucido
Did he use a lever action?

LOL.

Did he borrow money to buy it?

8 posted on 02/24/2023 1:09:27 PM PST by SIDENET (Whatever they're threatening, the vaxx is worse. Don't give in to coercion. )
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To: bankwalker

Leveraged buyouts are legal

As is buggery.

As is abortion.

As is promoting communism.


9 posted on 02/24/2023 1:11:14 PM PST by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: newnhdad
Another Clinton associate accidentally shoots himself before falling off a building and shooting himself again, postmortem.

You forgot to mention, that he marched himself over to Fort Marcy Park.

10 posted on 02/24/2023 1:15:41 PM PST by Mark17 (Retired USAF air traffic controller. Father of USAF pilot. USAF aviation runs in the family )
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To: bankwalker

Some of the more notorious people in this business have been Mitt Romney and Michael Milken


11 posted on 02/24/2023 1:16:32 PM PST by srmanuel ( )
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To: RinaseaofDs

Another notch in the belt of Hillary Clinton.

Wonder why their friends are suiciding themselves now?

What is about to drop?


12 posted on 02/24/2023 1:17:45 PM PST by Texas resident (Who is running our country?)
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To: RinaseaofDs

Anyone, who might have been with Slick Willy (or Hellary) on a trip to Epstein’s island (and could testify to it), could be looking at an incredibly short life expectancy.


13 posted on 02/24/2023 1:28:53 PM PST by Carl Vehse (A proud member of the LGBFJB community)
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To: RinaseaofDs

Did he take his billions with him?

Mark 8:36
King James Version

36 For what shall it profit a man, if he shall gain the whole world, and lose his own soul?

https://www.biblegateway.com/passage/?search=Mark%208%3A36&version=KJV


14 posted on 02/24/2023 1:39:52 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Texas resident

(What is about to drop?)

The U.S. economy under Joe Biden’s stupidity and World War III?

BidenDepression 2023.


15 posted on 02/24/2023 1:41:36 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: E. Pluribus Unum

I worked for a company that made about a hundred million per year but had a well-managed retirement fund of over a billion dollars. Bernie Schwartz of Loral bought it using money borrowed against that pension fund. Hundreds of people had retired from there and lived off the income from that fund. Suddenly, it was all gone. Bernie was the most frequent visitor to the Lincoln Bedroom under Clinton. When Bernie was done with his empire, Clinton signed the legislation that had been ready for a long time, and it made what Bernie did illegal. Bernie would sell pieces of the Loral holdings to himself at ridiculous low prices. In an interview someone asked him about it. He said, (approximatly) “I make fifty million off a deal and get fined a few hundred thousand or even a million. Who cares? Cost of doing business.” I hope there’s a special place in Hell for people like him.


16 posted on 02/24/2023 1:41:57 PM PST by Gen.Blather (Wait! I said that out loud? )
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To: Gen.Blather

Same criminal who sold ICBM technology to the ChiComs, with 10% going to the Clintons, no doubt.


17 posted on 02/24/2023 1:47:29 PM PST by E. Pluribus Unum (The worst thing about censorship is ████ █ ██████ ███████ ███ ██████ ██ ████████. FJB.)
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To: Larry Lucido

“Did he use a lever action?”

Groan!


18 posted on 02/24/2023 1:56:20 PM PST by ProtectOurFreedom (There is lots of money and power in Green Communism and we all know where Communism ends.)
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To: Mark17

Washington DC has really become a haunted castle, ghosts everywhere, evil spirits making black magic in the hallowed halls of our capitol, then there are the unspeakably evil Democrat politicians.


19 posted on 02/24/2023 3:30:30 PM PST by Colt1851Navy (What was wrong with Nixon?)
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To: SaveFerris

How much did he leave? All of it.


20 posted on 02/24/2023 5:54:00 PM PST by Mark17 (Retired USAF air traffic controller. Father of USAF pilot. USAF aviation runs in the family )
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