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
See more on GoodReads
“Everyone to one extent or another must face life's trials. There will always be those who try to influence or even dominate us. We can not allow such things to be an excuse for making the wrong choices. Ultimately each of us lives our own life and is responsible for it. (Terry Goodkind The Confessor)”
― Terry Goodkind, quote from Confessor
“Billy moved restlessly. "Seems like-seems like- towards night as if a body got kind o' lonesome for a woman person-like her." Billy indicated Margaret and then closed his eyes so tight his small face wrinkled.”
― Gene Stratton-Porter, quote from A Girl of the Limberlost
“Yes, my style sucks. But at least I didn't bowl half a game with a nacho stuck to my ass.”
― Sara Wolf, quote from Lovely Vicious
“I really do forget about everything. Because that's what a moment like this does to you. It makes you feel like something so small inside of something so massive that it's beyond comprehension. It strips away all of your problems, all of your hardships, all of your worldly needs and wants and desires, forcing you to realize just how insignificant all of it really is. It's like the Earth becomes completely silent and still, and all that your mind can understand or feel is the vastness of the universe and you gasp thinking about your place within it.
Who needs psychiatrists? Who needs grief counselors and life coaches and motivational speakers? Fuck all that. Just stare at the night sky and let yourself get lost in it every now and then.”
― J.A. Redmerski, quote from The Edge of Always
“They never stop, these Stepford wives. They something something all their lives. Work like robots. Yes, that would fit. They work like robots all their lives.”
― Ira Levin, quote from The Stepford Wives
Through the Looking...
Good Morning, Midnig...
Strength to Love
Be Careful What You...
A Frozen WomanBookQuoters is a community of passionate readers who enjoy sharing the most meaningful, memorable and interesting quotes from great books. As the world communicates more and more via texts, memes and sound bytes, short but profound quotes from books have become more relevant and important. For some of us a quote becomes a mantra, a goal or a philosophy by which we live. For all of us, quotes are a great way to remember a book and to carry with us the author’s best ideas.
We thoughtfully gather quotes from our favorite books, both classic and current, and choose the ones that are most thought-provoking. Each quote represents a book that is interesting, well written and has potential to enhance the reader’s life. We also accept submissions from our visitors and will select the quotes we feel are most appealing to the BookQuoters community.
Founded in 2023, BookQuoters has quickly become a large and vibrant community of people who share an affinity for books. Books are seen by some as a throwback to a previous world; conversely, gleaning the main ideas of a book via a quote or a quick summary is typical of the Information Age but is a habit disdained by some diehard readers. We feel that we have the best of both worlds at BookQuoters; we read books cover-to-cover but offer you some of the highlights. We hope you’ll join us.
