Page 62 - Sit Up News Today

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He was talking about going into another business. thats why i started calling him roy. i said you dont own your name, pal. read the small print. we own your name. >> this was all blowing up. they said to me, i want you to go in and talk to him. i was there that morning. we were sitting in his office until about 1:00, 1:30 in the morning. and he said to me, we can do this. i said we can do what? he said, we can take this over and get it away from the corporation and run it as an -- i said, halsto...

>> from the first day i got there, one of the things i did every couple of weeks was go to the bank and take out a ton of cash and bring it back in an envelope. hed say, i might be in a meeting, but if mr. fisher comes, just give him the envelope. i never saw him snort cocaine, but i paid -- i mean, i got a lot of money every few weeks. $2,000 to $3,000. >> i want to stop all the kind of bullshit that were drug addicts. we smoke, yeah, but we work. were all thinking what you wear, what you do al...

I am pleased to announce the association between halston enterprises and jcpenney. today we have signed a billion-dollar retail sales agreement. >> it was a license over five years. the largest designer deal that had ever been made. enough money to make anyone, even norton simon, sit up and take notice. >> i begged him. i begged him not to do the penney thing. it was going to kill us. he kept saying no, no, no, i want to dress everybody in america. >> it sounded like a good deal to me to create ...

Money doing that. >> takeover mania in america. huge corporations are gobbling one another at a rate unmatched in history. >> esmark came along out of the blue and made an outside bid that was better than davids and won the battle. >> i dont know how halston felt because after norton simon sold him david mahoney was not there. >> you cannot expect other people to be interested in your welfare all the time. its unfair and its illogical. so therefore, youd better take care of your own instincts an...

Youve had the biggest and the best. this kind of money is not going to be found again. >> they requested, and i put that in quotation marks, that i not be present at the meeting. im sitting in my office, and i felt like having a cup of tea. so i thought id go to the kitchen. i go to the door, put my key in the lock, key is not working. and i couldnt understand. why the key -- so i run around to the front door. and theres a guy working on the door there, a locksmith. hes changing the locks. i sai...

I am pleased to announce the association between halston enterprises and j.c. penney. today we have signed a retail sales agreement. >> it is the largest designer deal that had ever been made, enough money to make anyone sit up and take notice. i begged him not to do the penny thing. it was going to kill us. he kept saying i want to dress everybody in america. >> it sounded like a great deal to create things for people who couldnt afford his -- >> i always shop at pennys. my mother always took m...