Barbarians at the Gate

by Bryan Burrough

  * The Finn–Rosen link came up again the following week, when First Boston requested Rosen’s services on a separate deal. According to Finn and Rosen, Atkins vetoed Rosen’s hiring to avoid any appearance of impropriety.

  * Macomber denies nominating himself.

  * Johnson denies asking Hugel about severance benefits.

  * Kravis said of Wasserstein: “We didn’t want the guy anywhere near us. [I feared] the same problem we had from the beginning of the deal, when Beck and Wasserstein got on the phone and started leaking.”

  * Later, Tom Hill and others would claim the special committee never emphasized the need to leave stock in shareholders’ hands. The evidence suggests otherwise. According to several people, Lazard and Dillon had done exactly that in their meeting with Hill on Monday. Chaz Phillips of Salomon, who attended the session, recalled the bankers’ admonition, but admits his group was overconfident and refused to listen. “We basically ignored it,” he says.

  * Total value calculated by Business Week.