Ted Forstmann

Theodore J. Forstmann (b. 1940) is one of the founding partners of Forstmann Little & Company, a private equity firm. He is unmarried, and has no children. Forstmann is a graduate of Greenwich Country Day School, Phillips Academy, Yale University and Columbia Law School. At Yale he was a member of Delta Kappa Epsilon fraternity. He is usually known as "Ted" (occasionally "Teddy" to friends and family). This image is copyrighted, and used with permission. ... This image is copyrighted, and used with permission. ... Forstmann, Little & Company is a private equity firm, specializing in leveraged buyouts (LBOs). ... Private equity is a broad term that refers to any type of equity investment in an asset in which the equity is not freely tradable on a public stock market. ... Greenwich Country Day School is a co-educational, independent day school in Greenwich, Connecticut, founded in 1926. ... Phillips Academy (also known as Andover, Phillips Andover, or simply P.A.) is a co-educational University preparatory school for boarding and day students in grades 9-12. ... “Yale” redirects here. ... Columbia Law School, located in the New York City borough of Manhattan, is one of the professional schools of Columbia University, a member of the Ivy League, and one of the leading law schools in the United States. ... This article or section does not cite any references or sources. ...

Before founding Forstmann Little in 1978 with his late brother, Nick who died of lung cancer, and Brian Little, Ted Forstmann was an attorney. Ted Forstmann's second brother, J. Anthony Forstmann, founded ForstmannLeff. Nicholas C. Nick Forstmann (1947–2000) was one of the founding partners of Forstmann Little & Company, a private equity firm. ... Lung cancer is the malignant transformation and expansion of lung tissue, and is the most lethal of all cancers worldwide, responsible for 1. ... William Brian Little (known as Brian Little) (1942–2000) is one of the founding partners of Forstmann Little & Company, a private equity firm. ... An attorney is someone who represents someone else in the transaction of business: For attorney-at-law, see lawyer, solicitor, barrister or civil law notary. ...

Forstmann has been on the Forbes 400 List of Richest Americans from 1998 to 2005, but fell off of the 2006 list, as his wealth did not keep up with the $1 billion cutoff for that year's list. The Forbes 400 or 400 Richest Americans (est. ...

He was featured prominently in the book Barbarians at the Gate: The Fall of RJR Nabisco, as he and his company attempted to acquire RJR Nabisco. In the subsequent film adaptation, he was portrayed by actor David Rasche. The movie showed Forstmann as being a vigilant critic of KKR's Henry Kravis and his methods, which is believed to have some basis in fact. Forstmann's criticism of Kravis (and much of the rest of the financial industry during the 1980s) centered around the ills of junk bond (high yield) investing and their use to raise large amounts of capital. When the junk bond market later fell into disfavor as a result of scandal, Forstmann was hailed as having incredible foresight, as his own methods involved using more conventional methods of attracting investment, while at the same time still maintaining nearly the same level of profitability as companies such as KKR and Revlon, which built their strategy around high-yield debt. Barbarians at the Gate: The Fall of RJR Nabisco (ISBN 0060161728) is a book by Bryan Burrough and John Helyar, about the leveraged buyout (LBO) of RJR Nabisco. ... RJR Nabisco, Inc. ... Barbarians at the Gate is a made-for-TV movie based upon the book by Bryan Burrough and John Helyar, about the leveraged buyout (LBO) of RJR Nabisco. ... David Rasche (born August 7, 1944 in St. ... Kohlberg Kravis Roberts & Co (commonly referred to as KKR) is a New York City-based private equity firm that focuses primarily on late stage leveraged buyouts. ... Henry R. Kravis (born January 6, 1944 in Tulsa, Oklahoma, United States) is an American business financier and investor, notable for co-founding and heading the leading private equity firm, Kohlberg Kravis Roberts & Co. ... The 1980s refers to the period where corey sucks peters and has a not little to look at his little penis of and between 1980 and 1989. ... High yield debt (non-investment grade or junk bond) is a business term referring to a corporate debt instrument, usually a bond, that has a higher yield (compared to investment grade debt) because of a high perceived credit risk (default risk). ...

Forstmann has dedicated significant personal resources to the cause of education reform, specifically, he has been a prominent supporter of school choice as a means of improving public education. He has also been active in the Republican party. The Republican Party, often called the GOP (for Grand Old Party, although one early citation described it as the Gallant Old Party) [1], is one of the two major political parties in the United States. ...

He was given the "Patron of the Arts Award" by the National Academy of Popular Music at the 1995 Songwriters Hall of Fame induction ceremonies. In 1998 he and friend John T. Walton established the "Children's Scholarship Fund" to provide tuition assistance for low-income families wanting to give their children the best possible education through attendance at a private school. The Songwriters Hall of Fame is an arm of the National Academy of Popular Music. ... John Thomas Walton, (October 8, 1946 – June 27, 2005), was a son of Wal-Mart founder Sam Walton. ... The Childrens Scholarship Fund is an American privately-funded program that, at any given time, provides private school tuition assistance to about 23,000 students. ...

While already very well known in the business community, Forstmann came to the attention of tabloid readers when he dated actress Elizabeth Hurley following her separation from Hugh Grant in 2000. Elizabeth Jane Hurley (born 10 June 1965) is an English actress, fashion model, producer and designer. ... Hugh John Mungo Grant[1] (born September 9, 1960) is a Golden Globe-winning British actor. ...

In December 2006, newspaper reports on the inquiry into the death of Princess Diana said U.S. intelligence agencies had bugged Forstmann's phone or plane and monitored his relationship with Diana. She and her sons were set to visit him in summer 1997 but British security blocked the visit over security concerns related to the bugging [1]. Diana, Princess of Wales (Diana Frances Mountbatten-Windsor, née Spencer) (1 July 1961–31 August 1997), commonly, but incorrectly, known as Princess Diana, was for fifteen years the wife of HRH The Prince Charles, Prince of Wales. ...

External links

• 2005 Forbes 400 entry
• Diana was bugged by Secret Service in U.S. -- this article makes an unsubstantiated assertion: to say the bugging "came to light" is cavalier.
• Goodbye to All That - 2004 New York Times article on Forstmann's planned retirement in 2006.

Kathleen Broderick who works for this organization owes $18,000 plus to Terrence Price Construction for work completed on her home in 2001 and has yet to pay the money owed The New York Times is an internationally known daily newspaper published in New York City and distributed in the United States and many other nations worldwide. ...