DiscoverGreat Business StoriesVictor Posner: Junk Bonds, Pension Raids, and Pure Greed
Victor Posner: Junk Bonds, Pension Raids, and Pure Greed

Victor Posner: Junk Bonds, Pension Raids, and Pure Greed

Update: 2025-08-06
Share

Description

Have you even heard of Victor Posner? I hadn’t but if you’re a fan of this show, you’ll know that one of mine and Keith’s favorite books of all time is Barbarians at the Gate, a rip roaring story about a leveraged buy-out and attempted hostile take over of RJR Nabisko from the 1980’s. So I love the drama around hostile takeovers, and I wanted to find out- who first started hostile takeovers in the 20th century, and it turned out to be this guy Victor Posner, I can say that I’d never come across such a lowlife. If you're ever looking for a person that symbolises everything that’s wrong with capitalism- and just to note- I’m a fan of capitalism overall- then Posner is your poster boy.


Subscribe now to access the longer co-hosted episodes released on the 1st of every month as well as lots of bonus episodes and ad free weekly episodes.

Subscribe via Spotify Subscriptions, Apple Subscriptions or on Patreon by⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠clicking on this link ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠or going to patreon.com/greatbusinessstories


Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Victor Posner: Junk Bonds, Pension Raids, and Pure Greed

Victor Posner: Junk Bonds, Pension Raids, and Pure Greed

Caemin