An outrageous Wall Street trader known as Mad Dog for howling after
successful deals, and for using phrases such as "lock and load" and
"rock and roll". He played a major role in two of Wall Street's biggest
ever leveraged buy-outs, the acquisitions of Beatrice Companies and RJR
Nabisco by Kohlberg, Kravis, Roberts & Co. He was befriended by
Michael Douglas, and served as a technical adviser for the movie
Wall Street (1987). In
1990, the Wall Street Journal revealed that he had deceived people by
claiming to be a Vietnam veteran and owning a business empire. His Wall
Street and Hollywood friends dropped him, and he ended up as an
independent money manager.