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Bloodsport: When Ruthless Dealmakers, Shrewd Ideologues, and Brawling Lawyers Toppled the Corporate Establishment by Robert Teitelman

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Chapter One

ADOLF BERLE AND THE DEBATE OVER TAKEOVERS

MANHATTAN, 1956. THE trip uptown wasn’t long but it was heavy with meaning. Newly minted New York University law grad Martin “Marty” Lipton clattered north on the IRT to meet—to work with—Columbia University Law School’s Adolf A. Berle, Jr. This was a big moment for the then-lanky Lipton.1 At twenty-five he was bright, ambitious, if unknown—the son of a garment-factory manager from Jersey City and a graduate of that “Jewish” law school, New York University, with hopes of an academic legal career. Berle, on the other hand, at sixty-three, was an intimate of presidents, a commanding figure of the Protestant and liberal establishment: short, slim, fast-talking, dapper in a double-breasted suit. ...

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