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Greed and Glory on Wall Street: The Fall of the House of Lehman by Ken Auletta

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Over the next two months the four-man committee deliberated in secret. Numerous potential buyers were approached, and in some cases the talks inched toward a successful conclusion. In late January, Glucksman lunched alone in a private Lehman dining room with Charles M. Harper of ConAgra. They hit it off, and it was agreed that Glucksman, accompanied by Bob Rubin, would fly to Omaha to spend time with ConAgra’s CEO and his people. In mid-February, Harper’s plane flew them to Omaha. After Glucksman and Rubin returned to New York, Eric Gleacher, who remained ConAgra’s investment banker, flew to Nebraska and spent the better part of three days structuring a potential deal. Harper, Glucksman and Rubin met again in New York on February 27 and talked ...

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