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by ElevenLathe
521 days ago
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IIRC the climax of the merger deal described in /Barbarians at the Gate/ essentially comes down to a bike courier race between various offices in Manhattan as last-minute bid adjustments got ferried about. Makes me wonder what the value of the truly fastest bike courier in New York would be to some large investment bank/PE firm/whatever. I imagine they are massively underpaid compared to the value they provide. |
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Bid adjustments were a huge thing they had to optimize for and it created Seinfeld worthy situations.