Bloomingdale's Chief Begs To Differ
"Allen Questrom's ultimate quest" (People, Nov. 28) was profoundly inaccurate with respect to the relationship that exists between Allen Questrom and myself. In fact, precisely the opposite of what was reported is true. Allen and I have enjoyed a friendship of 24 years.
Although for good reason these matters generally remain private, I feel compelled to inform you that I left a higher-paying job for the opportunity to work with Allen. Also, it is true that our families socialize on a frequent basis apart from the corporate milieu.
The errors are not limited to personal information. Our 1994 earnings projection [by Wertheim Schroder] has been grossly understated.
Chairman & CEO
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