This is actually 100% opposite VD and you know I really respect your posts. There is an argument to be made that Shaefer was the head of the most powerful bank in the world (UBS), before he quit to head a boxing promotion. That's a bizarre move. It speaks to the fact that Shaefer was independently rich. He was. I think over 600 BILLION was in UBS at the time of Shaefers departure. I would have to look up the exact number but I'm on my tablet so I won't. Either way, he was dealing in billions. Shaefer can go CEO any BofA right now and that isn't an exaggeration.
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