The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the JunkBond Raiders
by Connie Bruck · 1 Jun 1989 · 507pp · 145,878 words
this particular wand. The honored guests of this conference, therefore, were the takeover artists and their biggest backers—men like T. Boone Pickens, Carl Icahn, Irwin Jacobs, Sir James Goldsmith, Oscar Wyatt, Saul Steinberg, Ivan Boesky, Carl Lindner, the Belzbergs—and lesser lights about to shine, such as Nelson Peltz, Ronald Perelman
…
wives!” In fact few if any wives attended this dinner. An assessment closer to the mark was made by arbitrageur Martin Weinstein, who, noting that Irwin Jacobs had been deep in conversation for hours with one of these women at the far end of the room, commented to a friend, “Tell Irwin
…
Milken’s high-rollers, whose camaraderie, if not collusion, he encouraged. One Drexel lawyer later recalled having seen Ivan Boesky, Carl Icahn, Carl Lindner and Irwin Jacobs huddled in a corner. “Anything could have been happening there,” he remarked with a laugh. It was a good time. Bungalow 8 would not soon
…
was much too low, and that the situation was therefore ripe for another bidder. “We decided that since a lot of our clients—Ivan Boesky, Irwin Jacobs, Carl Icahn—were rumored to be holding big positions in Phillips stock, we should try to interest someone in doing the transaction,” Drexel investment banker
King Icahn: The Biography of a Renegade Capitalist
by Mark Stevens · 31 May 1993 · 414pp · 108,413 words
a backup, provided a greater profit opportunity should another raider or corporate suitor make a run at Phillips. At this point, Minneapolis-based takeover artist Irwin Jacobs (aka “Irv the Liquidator”) had a stake in Phillips and Pennzoil was known to be sniffing around. If either one or others waiting in the
…
would want any part of this place shocked us.” But to Icahn and a flock of raiders, including Robert Holmes á Court, Boone Pickens and Irwin Jacobs, then circling the company like so many vultures, how USX conducted its business was irrelevant. All that mattered were the assets, steel and energy. Icahn
…
business pursuits. Saul Steinberg turned his attention back to his Reliance Insurance holding and to the Park Avenue social whirlwind embraced by his wife Gayfryd. Irwin Jacobs focused on the Minneapolis-based yachting business and Sir James Goldsmith, once the most flamboyant of raiders, took his fortune and virtually disappeared. As much
The Smartest Guys in the Room
by Bethany McLean · 25 Nov 2013 · 778pp · 233,096 words
served by white-gloved waiters. Worst of all, Segnar made a string of bad diversification investments. InterNorth was also powerfully motivated by the fact that Irwin Jacobs, a corporate raider, was buying up its shares. Jacobs’s looming presence sent Segnar into a panic. He persuaded the board that the only way
…
, Texas, and Florida. And it had some $5 billion in debt, surely more than enough to put it safely beyond the reach of raiders like Irwin Jacobs. As for Ken Lay, he wound up with a personal windfall: a $3 million profit from converting his stock and options in the wake of
…
once the HNG-InterNorth merger took place simply weren’t happening. For the moment, Lay’s get big fast strategy was only bringing bigger problems. Irwin Jacobs? Even though the new company was now drowning in debt, the raider and an investor group allied with him still wouldn’t go away. Lay
…
in 1987. (Lay sat on the board of Texas Commerce for a period.) For its part, Citi helped Ken Lay fend off the corporate raider Irwin Jacobs back in 1987 by loaning Enron part of the $350 million it needed to buy out Jacobs’s stake in the company. It wasn’t
Den of Thieves
by James B. Stewart · 14 Oct 1991 · 706pp · 206,202 words
, he shared many of their appetites. Among Drexel's important clients, Engel was given credit for landing Ronald Perelman, Nelson Peltz, Jerome Kohlberg, Gerald Tsai, Irwin Jacobs, and the Haft and Pritzker families. Engel found a kindred spirit in Milken. They referred facetiously to the wealthy establishment as "the white guys." They
…
Kluge, Fred Carr, Marvin Davis, Barry Diller, William Farley, Harold Geneen, Rupert Murdoch, Steve Ross, Ron Perelman, Peter Grace, Sam Heyman, Carl Icahn, Ralph Ingersoll, Irwin Jacobs, William McGowan, David Mahoney, Martin Davis, John Malone, Peter Ueberroth, David Murdock, Jay and Robert Pritzker, Samuel and Mark Belzberg, Carl Lindner, Nelson Peltz, Saul
…
, the French packaging company. Gerald Tsai was chairman of Primerica, which he reshaped into a financial services concern which owns Smith Barney, the brokerage firm. Irwin Jacobs is a corporate raider based in Minneapolis. The Hafts became corporate raiders, launching an unsuccessful bid for Safeway Stores. The Pritzker family owns Hyatt Hotels
Transaction Man: The Rise of the Deal and the Decline of the American Dream
by Nicholas Lemann · 9 Sep 2019 · 354pp · 118,970 words
a new coterie of raiders and financiers of a type Adolf Berle could hardly have imagined—Carl Icahn and Michael Milken, T. Boone Pickens and Irwin Jacobs—Jensen was the provider of the accompanying public philosophy, the scholar who could explain why their techniques were good for America. Between 1981 and 1983
Unreal Estate: Money, Ambition, and the Lust for Land in Los Angeles
by Michael Gross · 1 Nov 2011 · 613pp · 200,826 words
marriage drowned in an accident at twenty-three. Though devastated, Murdock didn’t falter in business. Within a year, he’d beaten another corporate raider, Irwin Jacobs, and taken over a troubled 104-year-old real estate company called Castle & Cook, which owned almost the entire 90,000-acre Hawaiian island of
Wall Street: How It Works And for Whom
by Doug Henwood · 30 Aug 1998 · 586pp · 159,901 words
still taking place." GOVERNANCE Jensen especially celebrated LBOs engineered by boutiques like Kohlberg Kravis Roberts (KKR) and Clayton & Dubalier; "entrepreneurs" like Carl Icahn, Ronald Perelman, Irwin Jacobs, and Warren Buffett; merchant banking arms of Morgan Stanley and Lazard Freres; and families like the Pritzkers and Bronfmans. These fine people — the forgotten stars
…
businesses and monitor and discipline management more effectively than the CEO and headquarters staff of the typical diversified company. KKR's New York offices and Irwin Jacobs' Minneapolis base are direct substitutes for corporate headquarters in Akron and Peoria. The ideal arrangement, the LBO Association, was a venture among three "constituencies": the
740 Park: The Story of the World's Richest Apartment Building
by Michael Gross · 18 Dec 2007 · 601pp · 193,225 words
., Martin Zimet, Stanford and Eve Zimmerman, and Harvey Zimond. NOTES INTRODUCTION Steinberg wasn’t the only original greenmailer. In the 1980s, T. Boone Pickens Jr., Irwin Jacobs, and Carl Icahn were also credited with initiating the hardball tactic. The cooperative corporation owns the property, takes out a mortgage on the building, and
One Up on Wall Street
by Peter Lynch · 11 May 2012
the Bass brothers show up, and if it’s not the Bass brothers, then it’s certain to be Steinberg, Icahn, the Belzbergs, the Pritzkers, Irwin Jacobs, Sir James Goldsmith, Donald Trump, Boone Pickens, or maybe even Merv Griffin. After that, there could be a takeover, a bidding war, or a leveraged
Cable Cowboy
by Mark Robichaux · 19 Oct 2002
earlier. By then, Malone had made his first move into home shopping via television. In early 1986, out of nowhere he received a call from Irwin Jacobs, a corporate raider and financier who believed that the discount merchandiser he controlled, called COMB, had a future in TV. Malone knew nothing of Jacobs
Conspiracy of Fools: A True Story
by Kurt Eichenwald · 14 Mar 2005 · 992pp · 292,389 words
House of Cards: A Tale of Hubris and Wretched Excess on Wall Street
by William D. Cohan · 15 Nov 2009 · 620pp · 214,639 words
Liar's Poker
by Michael Lewis · 1 Jan 1989 · 314pp · 101,452 words