Richard Baker

speaker
1,143 appearances 2 recordings 2 series first heard May 2026 last heard 7 Jul

Richard Baker’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
1 · Jul OctJan 26AprJulnow

Recordings per month over the last 12 months — 2 in all, peaking in Jul 2026 with 1.

Appearances

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I get it right.
And then I end up talking to Jen about it because it's epic.
But Jen's not asking about the 90 things I got wrong.
Oh, I'm going to.
You haven't given me time.
I got plenty.
I got plenty.
I'm going to out talk you so you'll never get to the bad things.
So now my father says, well, I guess that's great, but where are you going to come up with the $1.2 billion?
I'll figure that out tomorrow.
So now go home, go to sleep, go to the office, and I write up on my whiteboard a new structure, L&T, Lord & Taylor Holding Company, Lord & Taylor Property Company, Lord & Taylor Operating Company.
The company had $120 million of EBITDA.
So I moved 80 million of EBITDA to the property company.
So the operating company would pay rent to the property company.
The operating company would have 40 million of EBITDA after paying rent.
So now I had a real estate company of $80 million of EBITDA.
So now it was a booming period.
It was 2006.
The wonderful banking firms of Lehman Brothers, Bear Stearns, and CIT, before they went bankrupt the first time,
lent me agreed to lend me $1,175,000,000 to buy Lord & Taylor for 1.2 billion.
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