Excerpts: “The Junk Heap” So the man who many thought cut a deal to avoid the public agony of a trial (and, not incidentally, to spare his brother, Lowell, from the threat of criminal prosecution) went on trial anyway. Milken admitted a measure of guilt in April, saying he engaged in illegal dealings with Boesky […]
Tull Gearreald
Those Write-Offs At KinderCare
Excerpts: “Those Write-Offs At KinderCare” Watching with what must have been some nervousness were the principals of the Lodestar Group, an investment banking boutique that is underwriting an unusual recapitalization and split-up of the two companies. Lodestar could end up on the hook for up to $160 million if KinderCare’s share price falls below $5.75
A Wall Street Boutique Names a Senior Partner
Excerpts: “A Wall Street Boutique Names a Senior Partner.” The fourth senior partner was announced by Lodestar yesterday. Robert H. B. Baldwin will assume the chairman’s title at Lodestar from Ken Miller, who will remain chief executive. Mr. Baldwin, who is 68 years old, has been semiretired for the last five years since he stepped
Excerpts: A Merchant Banker Starts Own Firm Ken Miller is resigning as vice chairman of Merrill Lynch Capital Markets to start his own firm for buying out companies or taking controlling interests in them. Mr. Miller received his undergraduate degree from the University of Michigan and a master’s degree in Chinese studies from Yale. His