Right Time, Right Place, Right PriceGeoffrey Smith
On Mar. 25, Terrence Murray and four aides flew from Providence to New York. The chairman of Fleet/Norstar Financial Group Inc. and his companions dropped their bags at the University Club and hustled around the corner to the offices of Kohlberg Kravis Roberts & Co. With just four days before the government's deadline for bids on the failed Bank of New England, Murray still faced plenty of hurdles. Chief among them: money.
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