Google+
Close

Kudlow’s Money Politics

Larry Kudlow’s daily web log of matters political and financial.

Ted Forstmann, R.I.P.



Text  



With a great feeling of loss and sadness, I want to join with so many others to mourn the passing of Ted Forstmann, the brilliant financier, entrepreneur, and free-market capitalist.

A Wall Street Journal editorial from Paul Gigot and a column by Charlie Gasparino in the New York Post chronicle Ted’s great achievements. It was Ted who invented the leveraged buyout, and it was Ted who walked away from the bubble of overleveraged junk bonds. Ted was a major philanthropist, and an education reformer, too.

But Ted also had a spiritual and religious side. 

Read my full column here



Text  


Sign up for free NRO e-mails today:

Subscribe to National Review