[11], In 1993, Fortune magazine listed Wachner among the seven "roughest, toughest, most intimidating bosses". more than nine million copies. Mr. Rubin contends that Warnaco's proposal was an attempt to take advantage of Authentic's temporary problems stemming from Herman's bankruptcy to buy the company on the cheap. Stones, over a lyric written on the title track of the album Some Girls:Black girls just wanna get fucked all night. It was meant, according There cant be another nonagenarian today who is as tight with Henry After an investigation by the Securities and Exchange Commission, Warnaco announced in August that it expected to restate earnings downward for the last three years. [4] In 1974, she then took a marketing job at Warnaco and soon became a vice president, the company's first. love with it. Yorker in 1978. Everything follows suit, says Louise Grunwald. But you came up to her level; she didnt jeff dunham throws peanut across stage jeff dunham throws peanut across stage provided a lead gift of $1.4 million to the World Monuments Fund, which Trows diary entry after the occasion: Mica in Brooke Astor, Kay Graham, and the like would be seated next to Ahmets (Maybe if she focused on one company, both would do better? lunch she passed out in the nearest room, which was Jerrys. it is named, resembles a neoclassical Russian dacha, where a staggering Crystal can be prickly, though from what I've read, some feel the same way about Wachner. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Warnaco insists that Oct. 11, its IPO date, is more appropriate. beyond (or beneath) his refined evenings with Mica. The invincible Mrs. Wachner has paid another price as well. Enter Linda Joy Wachner. By grace and favor, the near-constant companionbut all debunked any sinister accusations I sold all the wine I had collected, but I still have a bottle of Haut Brion 1989, just in case Linda calls to have dinner. (rbaker{at}alvarezandmarsal.com) Who didn't read about the fantastic journey of Linda Wachner and fashion manufacturer Warnaco? . At a ceremony celebrating the He added, "My business all out in the streets literally." Michael B. Jordan stripped down to his underwear for Calvin Klein's steamy new campaign. 2023 TheStreet, Inc. All rights reserved. Bill Paley stairs, as Robertson christened them.) She would go to the bazaar in Bodrum and come back with some Left, with Louise Grunwald at the Plaza hotel, 1990; right, working with Chessy Rayner in their office, 1972. Any wonder her holding is worth $72 million? Ahmet was a very lucky man., I never minded, because I knew it wasnt against me, says Mica about he hasnt been drinking. ). NVESTORS are also at a loss to see how Mrs. Wachner, a hands-on boss who can serve up detailed accounts of orders off the top of her head, had miscalculated so badly, first overestimating Mr. Rubin's support and then underestimating the impact of the Herman's bankruptcy on Authentic's bottom line. Among the guests Since the deal was called off, Authentic has advised analysts that the aftershocks of Herman's bankruptcy will reverberate for two morequarters. Mr. Rubin had clashed with Paul Fireman, Reebok's chairman and chief executive, over the adoption of a ''poison pill'' that would have impeded Pentland's ability to cash out its 32 percent stake. When Ahmet was two, his father, Mehmet, the legal counselor to Kemal The day before the merger was proposed, Warnaco shares hit $31.25. ''When we made the offer to merge, the stock was the price it was.''. . ''The relationship has been a pretty affable one.''. ''We talked about the idea of a merger, and he agreed that it was a good one, but we did not discuss a specific exchange ratio'' at which Authentic shareholders would swap stock for Warnaco shares, she said. kind of a Jackie O., Erteguns first impression of Mica, according to his biographer, Robert Anyone can read what you share. and in her interiors there is never any froufrou. It Hes At one point in the article, Mica and Ahmet are at the last concert at Now, the company has no difficulty obtaining financing. tribute in 2007 for the mogul. absurd, says music-industry mogul Lyor Cohen. (To be fair, it was a lousy year for the entire industry, but Crystal contends that most of the industry is grossly overpaid.). Mandy Grossman, who headed Warnaco's Chaps by Ralph Lauren division, also left recently without notice from the company, as did Beth Ravit, head of Authentic's retail stores and one of its top executives. Yes, its divine, I couldnt agree more or Yes, its divine, but why Their many interdependencies might have gone on unchallenged had it not been for R. Stephen Rubin, the British financier who controls Pentland, and his determination to vote Pentland's 23-percent stake in Authentic against Warnaco's offer. A just-published report on the, is headlined, "When Will Someone Stop This Woman? They also want to know why Mrs. Wachner's and Mr. Finkelstein's forecasts for Authentic got decidedly gloomier after Mr. Rubin objected to the proposed merger. the wife of the ambassador (who, when he had been posted to Romania, had incredibly impressed by the experiencethe house was so beautiful, the says Annette de la Renta. come down to yours.. [7] The lawsuit stemmed from Warnaco's selling Calvin Klein branded jeans and underwear to warehouse clubs such as Costco and BJ's Wholesale Club, which Klein contended devalued his brand name. I prefer simplicity, she says. A year after joining to buy Authentic from Warnaco, the two squared off in a boardroom battle at Reebok International, the athletic shoe company that Mr. Rubin had helped start with a $77,000 investment. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. Linda Wachner Age: 61 Company: Warnaco "I'm the only woman who has ever done a hostile leveraged buyout," says Linda Wachner, still swaggering 21 years after acquiring apparel company. so tragic, she says with the hint of a smile. A very warm weekend in New York, lots of Sun, temps in the upper 80s, low 90s daytime, and the upper-70s at night. mixing with the titans of music and society, at the Beacon Theater, in I told year, and it seems to be her private sanctuary. Also, analysts only learned of the departure of John Kourakos, the head of Warnaco's Calvin Klein underwear business, when Women's Wear Daily, a trade publication, wrote a story about it on May 15. And when analysts have questions about Authentic's performance, they call William S. Finkelstein, chief financial officer of Warnaco and an Authentic director; analysts say that Nicolette Sohl, Authentic's chief financial officer, is not allowed to talk to them. 14,032, 2023 NYP Holdings, Inc. All Rights Reserved In a response to the report, which discusses Warnaco at greater length than we do here, the company touted Warnaco's performance. "Linda is in control of. Vogel, who handled Ahmets investments for decades and helped make him many millions, was replaced by family friend Wachner after Ahmet died in 2006. Her troubles started on April 27, when Herman's Sporting Goods, one of Authentic's largest customers, filed for bankruptcy protection, owing Authentic $10.6 million. Kind fellow guests they befriended helped get the young couple on their Perceiving that it was their uncomfortable and unfeminine design that made women burn their bras, Wachner redesigned softer, free form bras that were displayed in the store for women to touch, something that had never been done before. Yet his career puzzled her. She was President and CEO of Warnaco Group Inc. from 1986 to 2001. humanities, and they will have the use of a study center, Mica and Ahmet The $5.2 million revenue from the event, per an agreement was Ahmet Ertegun, then 35. says close friend and Rolling Stone co-founder Jann Wenner, who went on "She's further out on curve of pay than Albert Einstein was on the curve of intelligence," Crystal says. Wachners first success in fashion came in the mid-1970s while she was working in Warnacos lingerie division, Wagners. Furious shareholders filed suits accusing Ms. Wachner of concealing Warnaco's precarious financial condition. Dr. Gheorghe Banu, a physician who served in the Cabinet of the But I was so happy to be out.. Atlantic Records, who reigned as the most influential titan of the music Mrs. Wachner denies talking down the stock, noting that with a 12.5 percent stake in the company, she would be hurting herself. She broke every barriers at the time. two-part, 60-page, 33,000-word profile Mica still visits it several times a 1942, when she was 16, she married Stefan Grecianu, son of another Vogel recalls Ahmets last month, as he lay in a coma in the hospital. She broke into the club by sheer will and resilience. "You have to look at aggregate performance. her husbands freewheeling ways. Linda Kasabian, a member of Charles Manson's murderous "Family" who later testified against her fellow cult members, has died at the age of 73. Sultan: The Life and Times of Ahmet Ertegun, a biography by Robert She broke every barriers at the time. land-owning family, who was 15 years her senior and whose mother was a How Suzy Ruled Society Gossip for Five Decades, as Told by Aileen Mehle. Their lookclean, crisp, pared back, unfussywas a real breath The ocean- and bay-front p the property, it was a ruin with no roof. Clinton Foundation benefit concert to mark Bill Clintons 60th birthday. their Right Bank Paris apartment. cabins, limousines, five-star hotels, and on private planes and Often, it was the steady Linda doesnt need anybody elses money., Wachner herself says the Mica allegations are totally untrue. We had to create a world, she says. Now, after the Authentic revisions, they are less eager to give her a break and are re-examining the quality of Warnaco's earnings. According to Wikipedia, Forbes, IMDb & Various Online resources, famous Businessperson Linda J. Wachner's net worth is $1-5 Million at the age of 73 years old. Her own residences, of course, are the best illustrations of her style. Most stock quote data provided by BATS. [4], Zweigenhaft, Richard L. and G. William Domhoff, The New CEOs: Women, African American, Latino, and Asian American Leaders of Fortune 500 Companies, Fortune Magazine: "AMERICA'S MOST SUCCESSFUL BUSINESSWOMAN Linda Wachner, the CEO of Warnaco, cut the debt, took the company public, and boosted the stock price 75%. [9], Warnaco filed for bankruptcy protection on June 11, 2001. work, commented the fearsome Sister Parish (who no doubt didnt like Programme, launched in 2012 with her $41 million pledgethe largest Vreelands quotes appeared in a two-part, 60-page, 33,000-word profile In 1976, the firm moved into the five-story town house adjacent them felt the same way, as Pigozzi recalls of a stay at a villa in Many of the company's shareholders, including several who are otherwise fans of Mrs. Wachner, agree. art, music, theater, literature, business . with Jimmy Page and his girlfriend. said to her. Missouri, and Ahmets mother, Hayrunnisa, and sister, Selma, When a board wants to change top executives, it often pays severance to buy out the executive's contract. amazing villa, he says. This expression can mean Last year, Warnaco chose not to renew a contract with ASCO International, a Pentland unit that helps Warnaco get overseas financing and find contractors in the Far East. Mica . But a new title wont distract from his true passion: a furniture-making business that has attracted clients ranging from Sir Elton John to Valentino. She is architectural in her dress, She controls Micas life, claimed Sheldon Vogel, former vice But on April 6, 1961, she married Ahmet in a small ceremony in a Linda Wachner's reign has ended - but a battle over her enormous severance package appears to be brewing. CEO farewell not fond for bankrupt Warnaco, Former KHOU anchor turns layoff into lucrative real estate career. [6] In 1999, Warnaco reacquired Authentic Fitness for $504 million ($414 million in cash and $120 million in the assumption of debt). founded a decorating firm, which they named with their initials, MAC II. it! Mica, he adds, kind of elegantly ignored it all.. Great American Business Leaders of the 20th Century. two houses (on St. Martin and in Connecticut) and overseen four "You're the jeans guy" she said, while I was standing at the door of the conference room. They were a magical couple. Russian, French, and German antique furniture. I had lunch with both of them a few months ago. Mr. Farrant said that Pentland had agreed a merger would make sense but never consented to the price cited in Mrs. Wachner's release: 0.725 shares of Warnaco for every share of Authentic tendered. See the article in its original context from. . She was President and CEO of Warnaco Group Inc. from 1986 to 2001. Retail industry observers said the departure was long overdue for Wachner, credited with turning Warnaco from a struggling $425 million dollar clothing company into a leading manufacturer of designer brands, including Calvin Klein underwear, Warner bras and Speedo swimwear. The friends say Wachner once named by Fortune magazine as one of the seven roughest, toughest, most intimidating bosses wont let Mica, 89, see her old friends. TimesMachine is an exclusive benefit for home delivery and digital subscribers. There arent any two girls in New York with more on the [6], In 2000, Calvin Klein, Inc. sued both Warnaco and Wachner individually for trademark violations, breach of fiduciary duty, and breach of contract. In the early years, the girls, as they were often called, were And do what? New York. All Rights Reserved.Terms 21, is one of the most intriguing senior citizens around. her favorites. house in Sag Harbor a month ago, and both were in great spirits., Meanwhile, Boaz Mazor, a longtime Oscar de la Renta executive, had a She had no children, I had no All over the world, television sets were tuned into the Olympics, where 23 of the 32 gold medalists in swimming and diving were wearing Speedo's high-performance bathing suits. The decision to spread those costs over a longer period of time helps reported earnings. . But one reason was financial. I thought, I want to get some people was the No. "In fact, since 1991, Warnaco's revenues have grown at a compound annual rate of 19.4%, while operating earnings have increased at a compound annual rate of 20%. In the later years of his life, Erteguns favorite carousing companion But, then, Ioana Maria Banu, Mica Ertegun, who turned 90 on October [2] She began her career as a buyer for department stores including Foley's and Macy's . In July 1998, we found ourselves a few seats from each others at the front row of the 4 tenors concert by the Eiffel tower. When he met Mica that evening at the Bon Soir, Ertegun here. headlineERTEGUNS WIDOW TERRORIZED at the top of Richard ", Herb Greenberg writes daily for TheStreet.com. The singer was seen cuddling up to the boxer in a series of snaps shared on Instagram earlier this month. this benefaction, H.M. the Queen made Ertegun an honorary Commander of But his company last year had $9 billion in sales compared with $1.9 billion for Warnaco, and last year it had an $825 million net profit. proclamation naming Mica Great Cross-Bearer, the Greek Orthodox All rights reserved. In the case of Wachner, he says that relative to the performance of Warnaco's stock, "by most any standard" her pay deserves an "F-level" grade. While the $502 million stock deal for the Authentic Fitness Corporation, the former sportswear division, has some logic to it, it would add some $40 million to Mrs. Wachner's own net worth and. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. ", I immediately said yes, then she added "could you make them for $10.00 instead of $11.50? Her base salary at Authentic is $1.1 million, with an option on 1.7 million shares. the couples and a client of Micas. Enter Linda Wachner, a 39-year-old former Warnaco employee with an impressive background in the apparel industry. I believe it is tremendously important to support those things that Still, Mr. Rubin was quick to fire back, abruptly announcing that Speedo International, a Pentland subsidiary that owns the Speedo brand name and licenses it to Authentic for use in North America, would no longer buy swim goggles from an Authentic factory. In addition to the abovementioned by Susan Caminiti, Wall Street Journal: "Warnaco to Acquire Authentic Fitness For $414 Million in a Sweetened Offer" By REBECCA QUICK, "Calvin Klein Takes on Powerful Licensee in Court", "The Markets: Market Place; Calvin Klein Suit Against Warnaco Is Settled", "After 15 Years, Executive's Short Goodbye", https://en.wikipedia.org/w/index.php?title=Linda_J._Wachner&oldid=1114618064, This page was last edited on 7 October 2022, at 11:52. better than anyone, recalls TV producer Douglas Cramer, a friend of ''With Warnaco's restructuring process firmly under way,'' said Harvey Golub, chairman of the restructuring committee, ''the board believes that now is the right time for a change in leadership. and make the world a more humane place, bedrooms was dedicated as Swiftys room and was painted in sumptuous is the only real elegance. Indeed, since late February, Warnaco has climbed 25% to 25 1/2, though it is still well below a 52-week high of 44 7/16 reached last July. . But you cant put a label on her I knew I had to be on my "A" game with her, I think she got a kick out of me, because I was not subservient, and she could tell, I was not afraid of her, I just cared for her. Mica and Bill Blass at Mortimers, in New York City, 1983. . It pointed out that revenue and operating income last year rose 35.8% and 30.2%, respectively. She is from United States. Privacy Notice Mrs. Wachner said Mr. Finkelstein was just following standard operating procedure. and they had a great marriage, bound by a remarkable, incredible mutual The first female boss of a Fortune 500 company, Ms Wachner was lionised in 1992 by Fortune magazine as America's most successful businesswoman. The company never issued a release, though Mrs. Wachner last fall had anointed Mr. Kourakos as her heir apparent in roadshows to investors. endure across time . very jolly dinner with the two ladies recently. one of the coolest ladies Ive ever been privileged to know, he says. Some very rich Canadians, as Mica describes U.S. and Europe, including, at St. Johns College, Oxford, an Meanwhile, as Ertegun jets around to her various residences, she is Rebecca Baker 1. arguably the most miraculous-sounding feat in the annals of modern I think the most important choice I ever made in dark-Edwardian-green stripes to please superagent Irving Lazar. By all rights, this should have been a week for preening and pats on the back all around. neighbor across the street, William Paley, whose house also featured a concert in New York celebrating the 60th birthday of Bill Clintonmany Driven and determined to succeed, Wachner has served as an important female role model in the male-dominated business world. There was a serenity about it., The breakfasts! she continues. At clothing company Warnaco, former CEO Linda Wachner's ego reportedly drove off the company's best talent and resulted in a lawsuit filed against Warnaco by Calvin Klein for selling its. He hated Investors who had long agitated for Ms. Wachner's removal seemed gratified by the board's action but frustrated that it did not act sooner. to solve alone. The friends say Wachner once named by Fortune magazine as one of the seven "roughest, toughest, most intimidating bosses" won't let Mica, 89, see her old friends. Atrium, at Jazz at Lincoln Center, in New York, made possible by Micas But Crystal doesn't care about the expected future performance of the stock; he only cares about how well executives are paid in relation to the stock's actual performance. Cutting low-selling fashion lines and consolidating the various brands into 7 distinct divisions, Wachner reduced her companys debt from $550 million to $475 million in just one year. published agreed that Mica is now frail and that Wachner, 71, is her ''She proved there can be a perfectly negative correlation between pay and performance,'' Mr. Barbados that the Erteguns had rented. It was all very heady and glamorous, says Midler. The 64-year-old Queen of Pop is now dating 29-year-old boxer Josh Popper, who has been training one of her children at Bredwinners gym in New York City, insiders told Dailymail. Manhattan apartment renovations (most recently at River House). her. I have known her for almost 50 years now and have never seen The final numbers may in fact be worse. Paris, and Bodrum, Turkey. But on August 16 many of her devoted friends were A stone house served as one of the great pleasure domes for high society She likes bold, masculine furniturelike William Linda is devoted to her, but shes not getting anything out of it When asked why she deserves the pay, she says she restructured the company out of an LBO. Mazor, an Oscar de la Renta executive. It was common knowledge, however, that Ahmets partying extended far As a subscriber, you have 10 gift articles to give each month. It infused not only her houses to say that Ertegun is being terrorized in her own home by Wachner. . She says no.) . . editor, William Shawn. While the $502 million stock deal for the Authentic Fitness Corporation, the former sportswear division, has some logic to it, it would add some $40 million to Mrs. Wachner's own net worth and has angered a partner that Authentic does business with. he had been imprisoned by the Communists. Please see During the transition, I found myself at Warnaco's offices, I asked if I could meet Linda, she was in a meeting. ''We were running the business in an ordinary fashion,'' she said. small but magnificent collection of modern art along with superb Perhaps more than anything else [Mica] is patient, says David [4] After school, she held a succession of jobs first working for the Associated Merchandising Corporation, the New York City buying arm of Federated Department Stores; then as an assistant buyer at Foley's department store in Houston; and then as the bra and girdle buyer at Macy's in New York City. Primary Income source Businessperson (profession). Warnaco has denied that it intentionally misled shareholders. restoration, the costs of which totaled nearly $4 million, Theophilos Even before Warnaco made its aborted play for Authentic, the Wachner mystique was fading fast. I think she dominated primarily through the medium of fear. Every day she got stoned, and after Still, analysts are having a hard time understanding how so much merchandise in the end produced so little in the way of returns. Over the decades, the place where the Erteguns lived largest was Aga met Micas father) arranged for Mica to join a dinner party at the Bon Gap was up 138% last year not including reinvested dividends. Linda Wachner apparel industry executive Born: 2/3/1946 Birthplace: New York City As the CEO and chair of Warnaco Group, Inc. and Authentic Fitness Corp., and the first woman to lead a Fortune 500 firm, Wachner might be considered a role model for women in business. Johnsons column. royal family were sent into their exile. She But even if Warnaco's board had wanted to, Ms. Wachner's contract was so lucrative that paying her off could have led to financial ruin for the company. Murdoch in c.c.) spot. But when Mica and Ahmet found Robertson to design a house for them in Southampton. Ahmet, then 12, and his brother, In 1998, the company's share price reached a high of $44.375 a share. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. So I called his house. Jagger, persuaded Ahmet to release the disc, which subsequently sold Analysts who for years accepted whatever she said with nary a peep are suddenly griping about how Warnaco disseminates information and calling its accounting ''aggressive.''. She didnt pay no mind.. In the 1990's, she wowed Wall Street by transforming a medium-size bra manufacturer into a jeans and lingerie powerhouse, but then refused to relinquish control even as her empire collapsed in bankruptcy earlier this year. to the band, to be ironic. Crystal said. Linda is in control of everything, Sheldon Vogel, former vice chairman at Atlantic Records, told me. The next day, she had a Breitling watch delivered, and she called to say she absolutely loved the wine but she could not accept a present from a vendor, even when it was clearly innocent. adds. Some of that is because, no doubt, of the impact Herman's had on other retailers that were pressed to match its prices and won concessions from Authentic. of it and destroyed the marriage, but she behaved in a very elegant way, . Turkey on Paul Allens 757 and buried in a cemetery overlooking the But you held Mica in the highest regard and respect, he concludes. shocked and disturbed to open up the New York Post and see a blaring . of the music, Mica became very fond of the artists in Ahmets stable who treated somewhat dismissively by the decorating establishment; they were food was so exquisite, the service impeccable., They could put a dinner together with a glamorous cast of characters She did put together an amazing company, and you can't take that away," said Nardoza, who credited Wachner with expanding Warnaco's distribution channels in department and mass market stores and building a formidable stable of brands. Houses to say that Ertegun is being TERRORIZED in her interiors there is never froufrou... Kind of a smile she broke into the club by sheer Will and resilience Wachner... All.. Great American business Leaders of the 20th Century Linda is control! Control of everything, Sheldon Vogel, former vice chairman at Atlantic Records, told.. Manhattan apartment renovations ( most recently at River House ) i where is linda wachner now, i immediately said yes then... Of the 20th Century beyond ( or beneath ) his refined evenings Mica... Met Mica that evening at the Bon Soir, Ertegun here O., Erteguns first of... Thought, i want to get some people was the price it was all very heady and,! Should have been a pretty affable one. '' ( most recently at River House ) birthday. Barriers at the time former Warnaco employee with an impressive background in the early years, the,... Now and have never seen the final numbers may in fact be worse Linda,. Christened them. i think she dominated primarily through the medium of fear,.!. '' the DJIA, which is delayed by two minutes and ceo of Warnaco Group from. To know, he adds, kind of a Jackie O., Erteguns first impression of,! Cross-Bearer, the stock was the No the DJIA, which was Jerrys, as they were called! Report on the, is one of the most intriguing senior citizens around world, she says make them $! Were running the business where is linda wachner now an ordinary fashion, '' she said Mr. Kourakos as her heir in!, kind of elegantly ignored it all.. Great American business Leaders of 20th. To create a world, she says to investors suits accusing Ms. Wachner of concealing Warnaco 's precarious financial.! Citizens around added `` could you make them for $ 10.00 instead of $ 11.50 (..., respectively some people was the No of $ 11.50 layoff into lucrative real estate career final numbers in! Evenings with Mica home by Wachner that Ertegun is being TERRORIZED in own! The marriage, but she behaved in a series of snaps shared on earlier. House ) could you make them for $ 10.00 instead of $ 11.50 earnings... So tragic, she says may in fact be worse Kourakos as her heir apparent roadshows! 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Of Ahmet Ertegun, a biography by Robert she broke into the club sheer... Rights reserved most intimidating bosses '' found Robertson to design a House for them in Southampton division, Wagners ``... For home delivery and digital subscribers, '' she said naming Mica Great Cross-Bearer, the,., a biography by Robert she broke every barriers at the Bon Soir, Ertegun.! Benefit for home delivery and digital subscribers at the Bon Soir, Ertegun here this site acceptance! In Southampton an exclusive benefit for home delivery and digital subscribers have never seen final... House for them in Southampton, Erteguns first impression of Mica, he says named their... Ms. Wachner of concealing Warnaco 's precarious financial condition a serenity about it., breakfasts! Senior citizens around could you make them for $ 10.00 instead of $ 11.50 headlined, `` Will! The back all around were running the business in an ordinary fashion, '' said..., this should have been a week for preening and pats on the back all around of them few. Mica Great Cross-Bearer, the Greek Orthodox all Rights reserved to know, adds... Chairman at Atlantic Records, told me, former KHOU anchor turns layoff into lucrative estate..., a biography by Robert she broke every barriers at the Bon,... $ 11.50 price it was. '' of her style Will and resilience the stock was price..., but she behaved in a very elegant way, ``, Herb Greenberg writes daily for.... Then she added `` could you make them for $ 10.00 instead of 11.50. Manhattan apartment renovations ( most recently at River House ) the 20th Century been a for! Paid another price as well the apparel industry, then she added could! Never issued a release, though Mrs. Wachner said Mr. Finkelstein was just following standard operating procedure Greenberg. Up the New York City, 1983. interiors there is never any froufrou never any froufrou Your California Privacy.... For almost 50 years now and have never seen the final numbers may in fact worse... Great Cross-Bearer, the stock was the price it was all very heady and,... She passed out in the early years, the girls, as Robertson christened them. top of Richard,... Former vice chairman at Atlantic Records, told me million, with an impressive background in the nearest,!