At a private dinner at the SkyBridge Alternatives (SALT) Conference, billionaire hedge fund manager Bill Ackman, who recently came out publicly with a “plan to save Trump’s presidency,” decided to have a few words with former Vice President Biden. It wasn’t a best idea, to say the least.
Ackman brought up Biden’s dead son who died a few years ago when he asked him why he didn’t decide to run for president.
Instead of responding at first, Biden reportedly got every emotional after talking about son and said “I’m sorry. I’ve said enough.”
That’s when Ackman, one of the most controversial people in Wall Street, went after Biden: “Why? That’s never stopped you before.”
Biden at that point turned to someone next to him and said, “Who is this asshole?”
According to three people who were present, that’s when things got even more tense. Biden immediately decided to shut him down.
“Look, I don’t know who you are, wiseass, but never disrespect the memory of my dead son!” Ackman then apparently tried to utter some sort of apology but Biden wasn’t having it: “Just shut the hell up.”
Biden reportedly made the comments in front of a star-studded group that includes 60 Minutes reporter Lara Logan, former N.J. governor and Goldman Sachs chief Jon Corzine, comedian and talk show host, Steve Harvey, hedge fund billionaire Steve Cohen, former top Obama aide Valerie Jarrett, and former Greek Prime Minister George Papandreou.
Ackman, the CEO of Pershing Square Capital, is a key supporter of President Trump’s infrastructure bill, which aims to privatize more of America’s roads while giving tax breaks to billionaires. Ackman himself could personally profit off the legislation.
“Why shouldn’t toll roads and bridges be a regulated, utility-like private sector enterprise?” Ackman said.
Biden has stated publicly that he might run for president in 2020 but is going to give it some time.