Because Greenhill and Flom were already teamed up with Conoco, Du P...
Citations (1)
- The House of Morgan - An American Banking Dynasty and the whole source · open book
Because Greenhill and Flom were already teamed up with Conoco, Du Pont—a House of Morgan mainstay from the World War I Export Department and the 1920 General Motors takeover—had to drop Morgan Stanley and turn to the surging First Boston team of Joe Perella and Bruce Wasserstein. The three-month battle netted Morgan Stanley $15 million. Afterward, Morgan Stanley found itself sharing Du Pont under-writings with First Boston.
chapter: 31. Tombstones