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What Happens When Some Of The Biggest Names In Finance Gather For Dinner? They Talk About Trump

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What Happens When Some Of The Biggest Names In Finance Gather For Dinner? They Talk About Trump

Barry Sternlicht, the chairman and CEO of the global investment firm Starwood Capital Group was a guest on CNBC Tuesday and talked about Monday night's dinner.

Normally listening to someone's dinner plans from the prior night isn't of much interest - but Sternlicht was joined with fellow real estate titan Sam Zell, Goldman Sachs Group Inc (NYSE: GS) CEO Lloyd Blankfein and hedge fund manager Ken Griffin.

So what does a group with a combined net worth in the billions of dollars talk about over dinner? President Trump.

Sternlicht said the four talked about the regulation that's being dismantled in the White House and how this by itself will generate an incremental half a point in GDP growth.

He said Trump is signalling to the business community that the administration is on the same team as business leaders.

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"The one thing I think you see in the animal spirits of the business community right now is an administration that's no longer vilifying the business community," Sternlicht added. "I think that alone makes us wake up and feel better."

However, Sternlicht's praise of the president ends with the proposed border adjustment tax. He suggested a border tax could be to American CEOs what the Dodd-Frank bill was to banking executives in the sense that it may discourage businesses from investing in the future.

Posted-In: Barry Sternlicht CNBC Donald Trump Ken Griffin Lloyd BlankfeinPolitics Media General Best of Benzinga

 

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