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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 Ten

EVIDENCE OF ORTHODOXY

IN 1983 Felix Rohatyn, not Wasserstein, not Greenhill, not dashing, young Marty Siegel, was the most famous merger banker in America, not quite at the level of, say, Elvis, but not bad for a slight, pale, fifty-six-year-old immigrant. Rohatyn was The Man Who Saved New York from collapsing into bankruptcy, not to say The Man Who Saved Wall Street, a subject of cover stories, a figure lionized, respected, in demand. He appeared to be omnivorously smart. He remained chairman of the Municipal Assistance Corp., which oversaw New York’s finances as the city balanced its budget and crept back into the bond market. “This chairmanship had been the most rewarding experience of my professional life,” he admitted later. ...

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