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Delivering Alpha

War Stories How Kravis Wasserstein and Rohatyn Got Outsmarted on RJR Nabisco
Series 5:09

War Stories: How Kravis, Wasserstein, and Rohatyn Got Outsmarted on RJR Nabisco

Ex-corporate raider Josh Gotbaum looks back on his days as a young banker at Lazard, revealing how Henry Kravis’s KKR gained the confidence and hard-to-get information to start a bidding war for RJR Nabisco. The buy-out that became a symbol of corporate greed for decades tripped up Wall Street’s best and brightest, including Henry Kravis, Bruce Wasserstein and Felix Rohatyn.

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