Bryan Burrough · 592 pages
Rating: (22.5K votes)
“Everyone in the room knew about leveraged buyouts, often called LBOs. In an LBO, a small group of senior executives, usually working with a Wall Street partner, proposes to buy its company from public shareholders, using massive amounts of borrowed money. Critics of this procedure called it stealing the company from its owners and fretted that the growing mountain of corporate debt was hindering America’s ability to compete abroad. Everyone knew LBOs meant deep cuts in research and every other imaginable budget, all sacrificed to pay off debt. Proponents insisted that companies forced to meet steep debt payments grew lean and mean. On one thing they all agreed: The executives who launched LBOs got filthy rich.”
― Bryan Burrough, quote from Barbarians at the Gate: The Fall of RJR Nabisco
“It is important to remember that, as Ken Auletta wrote in his definitive Greed and Glory on Wall Street, “no reporter can with 100 percent accuracy re-create events that occurred some time before. Memories play tricks on participants, the more so when the outcome has become clear. A reporter tries to guard against inaccuracies by checking with a variety of sources, but it is useful for a reader—and an author—to be humbled by this journalistic limitation.”
― Bryan Burrough, quote from Barbarians at the Gate: The Fall of RJR Nabisco
“He who’s not busy being born is busy dying.” Tony”
― Bryan Burrough, quote from Barbarians at the Gate: The Fall of RJR Nabisco
“Planning, gentlemen, is ‘What are you going to do next year that’s different from what you did this year?’” he told them. “All I want is five items.”
― Bryan Burrough, quote from Barbarians at the Gate: The Fall of RJR Nabisco
“Recognize that ultimate success comes from opportunistic, bold moves which, by definition, cannot be planned.”
― Bryan Burrough, quote from Barbarians at the Gate: The Fall of RJR Nabisco
“Through all the machismo, through all the greed, through all the discussion of shareholder values, it all came down to this: John Gutfreund and Tom Strauss were prepared to scrap the largest takeover of all time because their firm’s name would go on the right side, not the left side, of a tombstone advertisement buried among the stock tables at the back of The Wall Street Journal and The New York Times.”
― Bryan Burrough, quote from Barbarians at the Gate: The Fall of RJR Nabisco
“turn over the reins to the board of directors.”
― Bryan Burrough, quote from Barbarians at the Gate: The Fall of RJR Nabisco
“The minute you establish an organization, it starts to decay.”
― Bryan Burrough, quote from Barbarians at the Gate: The Fall of RJR Nabisco
“changes in the story were the result of normal editing.”
― Bryan Burrough, quote from Barbarians at the Gate: The Fall of RJR Nabisco
Bryan Burrough
Born date August 13, 1961
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“Sometimes you have to fight for what you want,' Chip said, his expression set. 'Sometimes the fight is all you get.”
― Margaret Peterson Haddix, quote from Sent
“The maitrakh met her gaze steadily, her alien face unreadable.
'Are you offering me your help?' Leia asked.
'There is honor in you, Lady Vader,' the maitrakh said, her voice quiet. 'For the life and honor of my thirdson, I will go with you. Perhaps we will die together.'
Leia nodded, her heart aching. 'Perhaps we will.”
― Timothy Zahn, quote from Dark Force Rising
“That was the thing about Ben. He could get away with saying shit like that. I totally couldn’t. I wasn’t big or masculine enough. In my mind, anyway. But Ben could get all agape on your ass, and you’d just sit there like, huh. Agape. Interesting.”
― Bill Konigsberg, quote from Openly Straight
“I was just reminding myself that I could get over heartbreak if it happened another time.
... I'll be back again.
Yes, I would be back. I could take chances with my heart and I would be able to bounce back, and anything that might hurt me would just make me stronger in the end.
And I did deserve everything I wanted-- somebody who would appreciate me, someone I could trust, someone who liked me for me.”
― Elizabeth Eulberg, quote from The Lonely Hearts Club
“Slattern! What a wonderful new word. 'Slattern,' I murmur appreciatively to Patricia.
'Yes, slattern,' Bunty says firmly. 'That's what she is.'
'Not a slut like you then?' Patricia says very quietly. Loud enough to be heard, but too quiet to be believed.”
― Kate Atkinson, quote from Behind the Scenes at the Museum
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