Steve Schwarzman, John Waldron Spend Night Before Midterms at the Library
(Bloomberg) -- On the eve of the midterm elections, a mix of money and intellect gathered at the New York Public Library's annual black-tie gala.
There was Steve Schwarzman, the Blackstone Group chief executive who has given millions to super PACs for Republican congressional candidates, and New Yorker editor David Remnick, who in a dispatch on Monday called President Trump “an unceasing generator of toxic gas that raises the national temperature.”
Regardless of their politics, both are among those who raised $2.7 million for one of the nation's finest temples of democracy on Monday night. There may be no safer vote than for a library that provides free access to knowledge for children, immigrants, senior citizens and scholars.
As for the votes on Tuesday, Schwarzman was cagey about his desired outcome in the U.S. Congress.
“Whatever it is, it doesn't matter,” he said of his preference. “What will come out, comes out.” His wife, Christine Schwarzman, a lawyer, added, “The people will be heard.”
‘Investigative Congress'
Others got more personal: Claudia Rankine, a Jamaican-born poet honored at the event as a Library Lion, said she'd like “a moral” Congress. Writer Calvin Trillin said he wants “an investigative Congress.” Shelby White, a winner of last year's Carnegie Medal of Philanthropy, said she wants “an intelligent one: one that has read the Constitution and might suggest the president read it, too.”
“We'll see gridlock,” said Byron Wien, Blackstone's vice chairman of private wealth solutions.
Bells started to ring signaling the end of cocktail hour. The 500 or so guests began a slow, elegant march into the Rose Reading Room, past computer stations, book shelves and an orchestra playing big band jazz: “Begin the Beguine,” “Anything Goes.”
John Waldron, president of Goldman Sachs, took his dinner seat at a table blooming with white amaryllis. Boaz Weinstein, founder of Saba Capital, found his perch near Citigroup's Ray McGuire, who said he was rooting for a “fair and balanced” Congress.
Rachelle Hruska MacPherson, founder of the Lingua Franca line of cashmere sweaters with embroidered phrases like “Nevertheless she voted,” was in a dreamy mood. Her wish? “An all-woman Congress,” she said. “Half women would be something we should strive for in our lifetime.”
Library Lions
Schwarzman, who on the eve of Trump's election two years ago brought Steven Mnuchin as his guest, this year sat next to novelist Elizabeth Strout. He also had a part in the brief Library Lions medal-bestowing ceremony, standing up to put a ribbon around Strout's neck. Historical biographer Ron Chernow, filmmaker Francis Ford Coppola, opera singer Jessye Norman and Rankine were also inducted in the same style.
So much of the civilized, sparkly gathering felt removed from the tenor of this election season.
“I am so worried about the permission the president has given to people, to think that it's OK to speak so poorly of others," said Jacqueline Davis, executive director of the New York Public Library for the Performing Arts at Lincoln Center. “That is not the America that I know.”
Anthony Marx, the library's president, pitched it as an antidote to the vitriol. “This institution with your support is committed to inclusion and respect across differences, and we hope in doing so to spread that throughout the city and beyond."
To contact the reporter on this story: Amanda Gordon in New York at agordon01@bloomberg.net
To contact the editors responsible for this story: Pierre Paulden at ppaulden@bloomberg.net, Steven Crabill
©2018 Bloomberg L.P.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.