Bryan Burrough,John Helyar

Barbarians at the Gate

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“One of the finest, most compelling accounts of what happened to corporate schemas-microsoft-com:office:smarttags” />country-region w:st="on”>Chicago Tribune raves, “It’s hard to imagine a better story…and it’s hard to imagine a better account.” And in an era of spectacular business crashes and federal bailouts, it still stands as a valuable cautionary tale that must be heeded.
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761 printed pages
Publication year
2009
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Quotes

    Mario Guzmanhas quoted4 years ago
    Of particular interest to Johnson were the many uses the bidders had found for the strain of junk bonds known as pay-in-kind securities, or PIK. The management group’s decision to “pile on the PIK” in place of cash still boggled his mind.
    Mario Guzmanhas quoted4 years ago
    ten minutes past two, Hugel brought the board meeting back to order. “KKR just came in with its latest proposal,” Atkins announced: eighty dollars a share in cash, eighteen a share in preferred stock, and ten a share in debentures securities
    Mario Guzmanhas quoted4 years ago
    “We must carefully consider our alternatives,” the firm announced Sunday evening, “in light of new information we will be receiving before reaching any judgment on what further steps, if any, we might take.”

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