Ted Forstmann: the Deals, the Life, the Legacy (Video)
James "Jimmy" Lee, vice chairman of JPMorgan Chase & Co., Michael Dolan, chief operating officer of IMG Worldwide Inc., and former U.S. Secretary of State George Schultz remember Ted Forstmann, IMG chief executive officer and the Wall Street dealmaker who sounded the alarm in the 1980s when junk bonds reshaped the leveraged-buyout industry he helped create.
Running time 22:05
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.