Word: lufkin
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...Russians." The kind of man who would bring his then girlfriend, a former Miss World USA, on a fact-finding trip to Pakistan. The kind of man, his House colleagues used to say, who could strut while sitting down. Still, he was elected 12 times from Lufkin, Texas--a town so conservative that it didn't vote to allow alcohol sales until 2006. Even those who disagreed with Wilson couldn't help but like him: the liberal columnist Molly Ivins wrote admiringly that he hadn't "an ounce of hypocrisy." Charlie Wilson's War, the 2007 movie about his work...
...long and hard about risk. They were partnerships, and partners couldn't cash in until they'd been on the job for decades. This amounted to an implicit clawback system, with the other partners doing the clawing. The partnership model began to break down in 1970, when upstart Donaldson, Lufkin & Jenrette sold shares to the public. Merrill Lynch followed a year later, and in 1999 Goldman Sachs was the last big firm to go public. Perhaps that was all a mistake. "It's a radically regressive idea, but I honestly think Lehman Brothers would have been better...
...leaving to start Blackstone with former Lehman chief executive Peter G. Peterson in 1985 with a $400,000 balance sheet. As of June 30 of this year, Blackstone had a total of $119.4 billion of assets under management. Light will accompany Richard Jenrette, the founder of investment bank Donaldson, Lufkin & Jenrette; Brian Mulroney, the former prime minister of Canada; and William Parrett, the chief executive of the professional services firm Deloitte Touche Tohmatsu as one of four independent directors on the board. —Staff writer Prateek Kumar can be reached at kumar@fas.harvard.edu...
...Arkansas, and from 1972 onward, he has nursed the belief that he might somehow reconnect the working-class whites of that region to the Democratic Party. Scant luck so far. But he was still at it in advance of the Texas vote, stumping through places like Tyler and Lufkin and Texarkana and Nacogdoches - proving that the Clintons still believe in a place called Hope...
Wilson's private life is serene. He has retired to Lufkin, Texas, and has been married for nine years to Barbara Alberstadt, a stunning former ballerina he first met at a party in Washington in 1980, during his racy tabloid years. She accompanied Wilson to Hollywood and Morocco while he served as kibitzer, gadfly and ad hoc consultant on Charlie Wilson's War. "We lived through mud slides, rain and windstorms," he says. "Barbara even got to ride a camel. I've done that a lot before," he adds dryly. In the 1980s he rode up and down the Khyber...