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The 80s on Wall Street: Fred Carr Bankrolls the Boom (Part 4)
1:12:36
In the first three parts of this series, we covered Michael Milken building the high-yield bond market, Ross Johnson triggering the RJR Nabisco bidding war, and KKR winning the biggest LBO in history. But there is a missing piece to the puzzle: where did all the money come from?
The answer leads us to Fred Carr, a largely forgotten figure who may be the most important person in 1980s finance…