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To: americanophile
Ted Forstmann is known as one of the few honest big dealermakers on Wall St.

He came out in 1980 and said that junk bonds would be the downfall of Wall St (it took 7 years for that to happen).

He also coined the term "barberians at the gate" in describing Henry Kravis and KKR as what in it was like when corporate raiders (like Bain) come knocking.

43 posted on 01/10/2012 2:33:13 AM PST by RoosterRedux
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To: RoosterRedux

Talking points.


45 posted on 01/10/2012 10:32:36 AM PST by americanophile ("this absurd theology of an immoral Bedouin, is a rotting corpse which poisons our lives" - Ataturk)
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