this post was submitted on 29 Jul 2025
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Luigi Mangione

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[–] banner80@fedia.io 216 points 2 weeks ago (8 children)

Just to be clear and without taking sides: Wesley LePatner appears to have been the CEO of the real estate portfolio of rental units. Literally the person most responsible for Blackstone buying up US housing at an alarming rate.

https://www.businessinsider.com/blackstone-real-estate-executive-wesley-lepatner-killed-gunman-345-park-2025-7?op=1

LePatner, 43 years old, was the $1.2 trillion firm's global head of Core+ real estate and CEO of Blackstone Real Estate Income Trust, the company's juggernaut real estate fund for individual investors.

[–] jonne@infosec.pub 43 points 2 weeks ago (1 children)

Yeah, wouldn't surprise me if the guy got evicted by them or something like that.

[–] rbesfe@lemmy.ca 30 points 2 weeks ago (5 children)

He literally had the wrong floor. Complete coincidence that his random act of violence happened to kill someone doing something evil, no one should be praising this guy.

[–] DreamAccountant@lemmy.world 48 points 2 weeks ago (2 children)

Apparently, when the only justice in the world is accidental, people still praise the accident as a wonderful accident.

Whether you like it or not.

The scenario where nobody should be praising is the one where CEOs buy up tens of thousands of houses, and rig the prices so that hundreds of thousands of people are negatively affected by rent increases. Sometimes they end up on the street. Where they die.

That's the part that you're ignoring as you pretend to have a sense of morality.

[–] Teppichbrand@feddit.org 19 points 2 weeks ago (1 children)
[–] Confused_Emus@lemmy.dbzer0.com 7 points 2 weeks ago

Not Bob Ross’s typical scenery for a painting, but I’m sure he’d pull it off.

[–] ZMoney@lemmy.world 14 points 2 weeks ago (1 children)

It's not an accident. There's a high chance of randomly killing someone evil if you walk into any Park Ave office building.

[–] sp3ctr4l@lemmy.dbzer0.com 3 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Yeah, so far this basically sounds to me like if the guy from Falling Down walked into the building Patrick Bateman works at.

At worst, from a tactical effectiveness standpoint.

If it actually was a more or less specifically targeted attack, it would absolutely make sense that this would be massively underplayed and misconstrued by the broad media...

Because the last thing the broad media wants, is a lot of pissed off, suicidal, heavily armed Americans realizing that this can actually be a shockingly effective tactic, for those with nothing left to lose, ready to meet God or w/e.

The broader media being basically a totally corporate owned affair, that really, really would prefer it not become normalized that ... (semi?) random corpos just start getting gun downed in roughly the American version of insurgent suicide tactics, who are to a great extent capable of acting totally solo and are thus impossible to completely prevent at scale.

Call it the 'final form' of 'I'd like to speak with your manager'.

[–] ZMoney@lemmy.world 2 points 2 weeks ago (1 children)

I think this development is already a part of the elite survival plan though. It won't take much for the high net-worth individuals to avoid the street level altogether. The only people actually dying will be their lackies and stooges. And you'll see a lot more autonomous defense systems popping up to mitigate the damage.

[–] sp3ctr4l@lemmy.dbzer0.com 2 points 2 weeks ago

Completely agree.

We are very rapidly heading toward full on cyberpunk dystopia.

Get your EM grenades ready, rofl.

[–] SebaDC@discuss.tchncs.de 17 points 2 weeks ago

The Lord works in mysterious ways.

[–] jonne@infosec.pub 5 points 2 weeks ago (1 children)

Do you have any sources on that? I haven't seen anything that talks about a potential motive yet.

[–] antler@feddit.online 12 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

https://apnews.com/article/manhattan-office-shooting-nfl-nyc-d32bec88dfe208af1a413cec02034a14

Shane Tamura, a Las Vegas casino security worker, was carrying a handwritten note in his wallet that claimed he had chronic traumatic encephalopathy, known at CTE, investigators said. He accused the league [NFL] of hiding the dangers of brain injuries linked to contact sports.

[–] jonne@infosec.pub 9 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Thanks, I guess if that's a note in his wallet it's clear enough. You could've gone on any floor in that building and killed someone that deserved it, apparently.

[–] Deceptichum@quokk.au 8 points 2 weeks ago (1 children)

The NFL was on another floor, he just fucked up and got the wrong target.

[–] Alcoholicorn@mander.xyz 10 points 2 weeks ago

How many of the most vile corporations are in that building? Do Nestlé, Monsanto, and Raytheon have floors?

[–] sp3ctr4l@lemmy.dbzer0.com -1 points 2 weeks ago (1 children)

Genuinely, what is your source that he had 'the wrong floor'?

To have 'the wrong floor' implies there was a 'correct floor', which implies either a premeditated set person or set of persons as a target, or a known location associated with some kind of organization or something.

If it was a random 'just hurt people' type of mass shooting, there cannot really be a 'wrong floor', beyond maybe a comparison between overall target rich snd target sparse environments...

Or perhaps it was 'the wrong floor' in the sense of 'the correct floor' being one that worked with some kind of egress, escape plan?

Seriously, what do you mean by 'the wrong floor?'

[–] HalfSalesman@lemmy.world 7 points 2 weeks ago (1 children)

He was gunning for the NFL not Blackstone. Thus wrong target/floor.

[–] sp3ctr4l@lemmy.dbzer0.com 0 points 2 weeks ago (1 children)

And what is your source on that?

I am again, genuienly asking for a source.

This is a recent event, I am not up to speed on the reporting on this, can you please provide a source that his target was the NFL?

[–] HalfSalesman@lemmy.world 7 points 2 weeks ago (1 children)

The source is the suicide note. The various articles covering this story almost all mention it just read some of them. Hes not perfectly explicit in the note but it seems pretty clear that was his intended target based on what's contained in it.

[–] sp3ctr4l@lemmy.dbzer0.com 1 points 2 weeks ago (1 children)

Ok then, that is an actual source, or, at least a mention of one, thank you!

[–] lagoon8622@sh.itjust.works 3 points 2 weeks ago (1 children)
[–] sp3ctr4l@lemmy.dbzer0.com 2 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Hey thanks for an actual link!

I am on mobile, have both bad vision and a fucked up wrist, scrolling through a huge thread is physically difficult for me.

[–] lagoon8622@sh.itjust.works 2 points 2 weeks ago

Makes sense, happy to help! 👍

[–] rothaine@lemmy.zip 34 points 2 weeks ago (4 children)

Wait there's a company called "Blackstone" as well as one called "Blackrock", and both buy up real estate?

[–] CannedYeet@lemmy.world 40 points 2 weeks ago

Blackstone is private equity. Blackrock makes the funds normal people buy for their retirement accounts.

[–] Dearth@lemmy.world 25 points 2 weeks ago (3 children)

Also a company called Vanguard. The 3 of them own almost everything

[–] rothaine@lemmy.zip 10 points 2 weeks ago (1 children)

Isn't Vanguard 401ks? Or is that a different Vanguard?

[–] utopiah@lemmy.world 2 points 2 weeks ago (1 children)

The 3 of them own almost everything

Do they though? They do own a lot but sovereign wealth funds do too plus, unlike those AFAICT, one can easily switch from say a Vanguard ETF to whatever other investment vehicle they want in an instant. So yes they have tremendous power, too much, and they contribute to shaping markets worldwide... but it's also not their actual money and other economical actors do exist.

So I'd argue "own" and "almost everything" is a big exaggerated.

PS: I'm not an economist so that's just my candid understanding.

[–] HasturInYellow@lemmy.world 4 points 2 weeks ago (1 children)

There was great writeup about it a few years ago that I can't remember the name of at the moment. Basically, they all own each other as well. They all own portions of every company and together they all own over 50% in so many things that they have a controlling vote in a majority of board rooms. That is a VERY birds eye view of it but it's not good.

[–] utopiah@lemmy.world 1 points 2 weeks ago* (last edited 2 weeks ago)

They all own portions of every company and together they all own over 50% in so many things that they have a controlling vote in a majority of board rooms.

Thanks for the clarification. If you do find the article I'd be curious because if I check the

and others https://en.wikipedia.org/wiki/List_of_asset_management_firms whereas sovereign wealth funds https://en.wikipedia.org/wiki/Sovereign_wealth_fund#Largest_sovereign_wealth_funds are only up to $2T.

So... if I do roughly the sum of AUM I don't even get to half of $100T. Maybe they have controlling shares (to define here because not sure I understanding correctly, i.e. single seat on board vs majority of seats in order to actual control) somehow in the US with a total valuation under $50T but somehow overall I don't see how. Also together would mean some kind of coordination, which I'm not saying is impossible but beside generating more money I'm not sure they have a "goal" that would imply using said control.

[–] SkunkWorkz@lemmy.world 1 points 2 weeks ago

They manage these huge funds. The people who invested in their funds own the stocks in the funds. Though these companies do vote during stockholder meetings on behalf of their clients without the clients inputs. Thus they wield a lot of power over many companies but they don't own it all. If all their clients decide to drop them and liquidate they lose all that power.

[–] CommanderCloon@lemmy.ml 14 points 2 weeks ago (1 children)

Blackrock doesn't do real estate at all. People have been confusing the two companies for a while. It's Blackstone you should hate for the housing crisis

[–] Glitterbomb@lemmy.world 6 points 2 weeks ago

Is it bad I constantly confuse it for blackwater instead? I guess they murder the previous tenants, then buy up the house?

[–] anton@lemmy.blahaj.zone 4 points 2 weeks ago

blackrock buys the German chancellor.

[–] xantonin@lemmy.world 11 points 2 weeks ago (1 children)

Oh thank God. I thought it was the Blackstone that makes grill tops. I kept wondering what they did wrong.

[–] Naz@sh.itjust.works 10 points 2 weeks ago

Marketing team did an excellent job choosing a name for the company. You want the most discreet, unassuming name possible for "corporation that owns literally everything and is ruining the economy by principle"

[–] gravitas_deficiency@sh.itjust.works 7 points 2 weeks ago (1 children)

It may have been an incidental killing, but her loss will not be mourned by the general public, as she and her efforts are actually a direct and major contributor to the housing crisis we now face. The policies that she enacted are overly hostile towards… you know… literally every fucking normal person who aspires to own a house at some point. She materially contributed to the insane housing price bubble that’s somehow still not popping.

[–] Rekorse@sh.itjust.works 2 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Thats because its not hard to pit home owners against those who currently can't afford a home. People who were able take advantage of circumstance in order to purchase a home need to be far more honest about why they are able to have one now.

[–] mad_lentil@lemmy.ca 2 points 2 weeks ago

Totally. This is a function of 1) greed, but also 2) our lack of social safety net -- which incentivizes us to maximize personal wealth even beyond what we might need, just because without a personal nest egg, there are very few resources you can count on to help you or your family out in emergencies, or during the crashes and other ravages of capitalism.

Or as Thatcher put it: there is no society, there are only individuals and families. That wasn't always true, but it's becoming truer ever financial quarter.

[–] WorldsDumbestMan@lemmy.today 4 points 2 weeks ago

I swear, if there is a higher power, it just woke the fuck up

[–] cyborganism@piefed.ca 3 points 2 weeks ago

I didn't see that earlier. I think the news hadn't mentioned this until much later. I understand why my other comment was downvoted so much.

[–] cyborganism@piefed.ca 3 points 2 weeks ago

Oh damn. I didn't see this before. No wonder my last comment got downvoted so much lol.

[–] Tollana1234567@lemmy.today 1 points 2 weeks ago

doesnt deservered to be murdered, but no ones going to cry over a POS