Word: looking
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Dates: during 1980-1989
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...these incredible figures, that I could make a billion dollars. What was in the newspapers was only the seven that I could identify because they were the only ones working on the deal. If I'd known it was going to be in the newspapers, I would have said, "Look, there's going to be 15,000 people." They will get at least 5%. I always saw myself in there at around 1%. In seven or eight years, I could make $100 million...
...leverage. It's the sheer size of this thing that makes everybody shake their heads. I've felt like an Iranian hostage for the past 43 days. You say, would you have done this if you had it to do over again? And my answer is yes. I can look every day into the mirror and say this was the right thing to do for the shareholders. If we run it, great. If somebody else runs it, just as great. Let the market test...
...Fernando Valley, only about a dozen or so miles from his current headquarters. In high school, after he was benched as a member of the varsity basketball team, he became head cheerleader instead. Reflecting on those years during a recent interview with TIME, Milken mused, "When things look their worst, you always have the seed of great improvements." At Berkeley during the mid-'60s, Milken concentrated on math and business courses rather than on protest. It was there that he first considered the far-reaching idea upon which he built his empire. Milken came across a study showing that junk...
...employees who would remain after the breakup. "I wasn't going to take 18% of this company for seven people," Johnson told TIME in his first interview since the buyout offer. "If I'd known it was going to be in the newspapers, I would have said, 'Look, there's going...
Bankers, too, are taking a harder look at the risks, and some junk-bond buyers are becoming picky. While cash has poured in from such staid investors as the Harvard and Yale endowment funds and many state pension plans, other money managers are refusing to play. Says New York City comptroller Harrison Goldin, who oversees the investment of some $30 billion in pension funds: "I cannot condone activities that divert so much time and energy from investments that create new jobs and opportunities to those that reshuffle chairs. Pension-fund managers are supposed to invest in the American economy...