Ted Forstmann Dies of Brain Cancer at 71

Your next video will start in

Recommended Videos

  • Info

  • Comments

Nov. 21 (Bloomberg) -- Ted Forstmann, the Wall Street dealmaker who sounded the alarm in the 1980s when junk bonds reshaped the leveraged-buyout industry he had helped create, has died. He was 71. He died yesterday at his home in New York City, according to George Sard, a spokesman for Forstmann Little & Co. The cause was brain cancer, for which he underwent surgery earlier this year. Erik Schatzker reports on Bloomberg Television's "InsideTrack.' (Source: Bloomberg)


BTV Channel Finder


ZIP is required for U.S. locations

Bloomberg Television in   change