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Most private equity titans are sitting in their stately offices high above the city nervously eyeing the declining stock prices on their Bloomberg flat-panels on their desks. Not Steve Schwarzman, the billionaire co-founder of the Blackstone Group. Steve simply decided to skip the mess altogether and jet off to his house in St. Tropez. He isn't sitting in his beachside mansion fretting about the millions he's losing on an hourly basis either. Over the weekend he and his wife Christine were spotted at Club 55, where the couple were apparently "trying to ignore the dire economic news." Here's hoping generous helpings of tuna carpaccio and Beluga caviar helped ease the pain.