Black People : Magic and his Guggenheim Partners: Is it deeper than Sterling's racists rants?

RAPTOR

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Sep 12, 2009
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by Steve Sailer
"Pay no attention to The Man behind the curtain"

It sounds like there's a much more interesting story going on with the Donald
T. Sterling donnybrook than anybody has been investigating yet. I don't know
how far this story might go, but it just might go all the way from Magic
Johnson to somebody really interesting.

For years, I've been pointing out that much of the hoopla over racism and
sexism isn't actually about blacks or women or whatever. Instead, it serves as
a cover story for ambitious, clever men to get what they want. For example,
I've long been fascinated by how mortgage lenders like Angelo Mozilo,
Roland Arnall, and Kerry Killinger used the rhetoric of the War on Racist
Redlining to blow up the housing bubble.

Obsess over racism; pay no attention to the man behind the curtain!

But in the Sterling Story, who is The Man?

I'll offer a theory about why the man might be Magic Johnson, who
desperately wants Donald Sterling's NBA franchise now that the Buss family
says they won't sell his old Lakers. But Magic was the front man in the
purchase of the Los Angeles Dodgers two years ago. So it might be Magic's
big money backers in Guggenheim Partners.

Or ... And this is really a stretch, but let me toss it out there. There's a financier in L.A.
who invests some of his money with Guggenheim Partners who for intelligence and
energy and guile makes Mozilo and the other mortgage guys look like smalltimers. You
haven't heard much about him since he got out of prison a couple of decades ago. He's
legally banned for life from getting anything in return for giving investment advice. But
he's still here and he's allowed to manage his own billions. The SEC has been
investigating whether the Dodger purchase by Guggenheim was something of a front for
him to get back in the game.


Read more: http://isteve.blogspot.com/2014/04/magic-johnson-ultimate-cleanser-sports.html
 
by Steve Sailer
"Pay no attention to The Man behind the curtain"

It sounds like there's a much more interesting story going on with the Donald
T. Sterling donnybrook than anybody has been investigating yet. I don't know
how far this story might go, but it just might go all the way from Magic
Johnson to somebody really interesting.

For years, I've been pointing out that much of the hoopla over racism and
sexism isn't actually about blacks or women or whatever. Instead, it serves as
a cover story for ambitious, clever men to get what they want. For example,
I've long been fascinated by how mortgage lenders like Angelo Mozilo,
Roland Arnall, and Kerry Killinger used the rhetoric of the War on Racist
Redlining to blow up the housing bubble.

Obsess over racism; pay no attention to the man behind the curtain!

But in the Sterling Story, who is The Man?

I'll offer a theory about why the man might be Magic Johnson, who
desperately wants Donald Sterling's NBA franchise now that the Buss family
says they won't sell his old Lakers. But Magic was the front man in the
purchase of the Los Angeles Dodgers two years ago. So it might be Magic's
big money backers in Guggenheim Partners.

Or ... And this is really a stretch, but let me toss it out there. There's a financier in L.A.
who invests some of his money with Guggenheim Partners who for intelligence and
energy and guile makes Mozilo and the other mortgage guys look like smalltimers. You
haven't heard much about him since he got out of prison a couple of decades ago. He's
legally banned for life from getting anything in return for giving investment advice. But
he's still here and he's allowed to manage his own billions. The SEC has been
investigating whether the Dodger purchase by Guggenheim was something of a front for
him to get back in the game.


Read more: http://isteve.blogspot.com/2014/04/magic-johnson-ultimate-cleanser-sports.html
Raptor that was very interesting..... we shall see who gets the team, thanks for posting the link. :1on1:
 

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