David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . David i read the other day that you opened your fund for 24 hours, and 5 billion showed up. Now, how does somebody raise 5 billion in 24 hours . Paul it was not exactly true. David oh. Paul it was true in the sense that once the offering was open, because it was first come, first served, there was a lot of demand, and 23 hours later it was filled up, but it took a number of months of preparation. David that makes me feel better that you didnt do it just in 24 hours. How much do you manage now overall . Paul i think its 34 billion at this point. David so you started your fund in what year . Paul 1977. David and how much money did you have then . Paul 1. 3 million. David where did you get that from . Paul it was f
David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . David i read the other day that you opened your fund for 24 hours and 5 billion showed up. Now how does somebody raise 5 billion in 24 hours . Paul it was not exactly true. David oh. Paul it was true in the sense that once the offering was open, because it was first come, first served, there was a lot of demand. And 23 hours later it was filled up, but it took a number of months of preparation. David that makes me feel better that you didnt just do it in 24 hours. How much do you manage now overall . Paul i think its 34 billion at this point. David so you started your fund in what year . Paul 1977. David how much money did you have then . Paul 1. 3 million. David where did you get that . Paul it was friends and
David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . David i read the other day that you opened your fund for 24 hours and 5 billion showed up. Now how does somebody raise 5 billion in 24 hours . Paul it was not exactly true. David oh. Paul it was true in the sense that once the offering was open, because it was first come, first served, there was a lot of demand. And 23 hours later it was filled up, but it took a number of months of preparation. David that makes me feel better that you didnt just do it in 24 hours. How much do you manage now overall . Paul i think its 34 billion at this point. David so you started your fund in what year . Paul 1977. David how much money did you have then . Paul 1. 3 million. David where did you get that from . Paul it was friends
David how does somebody raise 5 billion in 24 hours . Paul it was first come, first served. David you have an image of being a person that strikes fear in a lot of ceos. Some people are probably afraid they are going to get a call from paul singer. Paul it does not bother me anymore. David if someone had invested with you in the very beginning, what rate of turn what that have been compounded . Paul one dollar became 160. David is it too late to invest retroactively into that . [laughter] would you fix your tie, please . David well, people wouldnt recognize me if my tie was fixed, but ok. Just leave it this way. Alright. David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . David i read the other day that you opened your fund for 24 hours, and 5 billion showed up.
Believe it is appropriate for me to address that in a public session. Tomorrow we will have full coverage of the testimony at 9 30 a. M. Washington time and streams live on twitter and your bloomberg. Surveillance video captured a moment a man attacked the Police Officers with a hammer. The man screamed out this is for syria before hitting one of the officers yesterday, slightly injuring him. Police then shot the man, a 40yearold student, who is rick recovering. Deeply shocked, saddened, and numbed by her exhusbandss actions. Charisse issued a statement had asaying she and he daughter together and split up six months ago. She did not support his beliefs. The attacks left eight people dead. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Julia live, i am julia. Scarlet i am scarlet fu. Stocks calling a twoday slide and session highs. Joe the question is what did you miss . Scarlet comeyss prepare