Word: perelman
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...struck like Sherman and crowed about it. At Lily Tulip he fired 50% of the corporate office; at Crown-Zellerbach, 20% of the work force; at Scott Paper, 11,000 employees. After firing 6,000 at Sunbeam, Chainsaw himself got axed by a pair of fire-breathing shareholders: Ronald Perelman, never mistaken for Mr. Congeniality, and Michael Price, a.k.a. the "scariest s.o.b. on Wall Street"--at least to CEOs...
...next day Jordan applied a little of what he calls the "Jordan magic" to close the deal on Lewinsky's job. On that day Lewinsky interviewed in New York City with a top executive of MacAndrews & Forbes Holdings Inc., billionaire Ron Perelman's umbrella company, but the executive decided she was unsuited for any opening. (Jordan is on the board of Revlon, a MacAndrews subsidiary.) Lewinsky reported to Jordan that the interview went "very poorly." So Jordan called Perelman. "I have spent a good part of my life learning institutions and people, and in that process, I have learned...
...Jordan and relayed the good news. When shown records of a seven-minute call at 4:14 p.m., Mr. Jordan testified: "I have to assume that if she got the job and we have a seven-minute conversation and the day before I had talked to the chairman [Ronald Perelman], I have to assume the Jordan magic worked...
...hours later. Then she had to rush over to the E! studios to work on her weekly show. At the same time, Mondale hired an acting coach and started auditioning for sitcoms again. And she began to be linked romantically to the Philadelphia-born billionaire Ron Perelman. Perelman was chairman of Revlon, and a friend to both Vernon Jordan and the President. In fact, he was one of Clinton's most dependable contributors, his mainline to Hollywood money. Like Eleanor, he was twice divorced; he was also extricating himself from a third marriage. In October, the New York Post spotted...
...most accounts, Levin is the person for the job. He fixed cosmetics company Revlon in the early 1990s, and most recently was doing the same for outdoor-equipment company Coleman--both efforts on behalf of controlling shareholder Ronald Perelman. Levin's selection is no accident. On March 2, Perelman sold Coleman to Sunbeam in a stock swap, and he is now Sunbeam's second-largest investor, with a 13% stake. The largest is activist money manager Michael Price, who controls 17%. As a measure of how quickly Dunlap's career unraveled, Price only two weeks earlier had publicly, emphatically supported...