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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Harrods is... Well, it's not in the U.S., but... Yeah, it's a whole different... Ballgame.
Wasn't interested in buying Harrods.
Wasn't on my list.
Wasn't on your list.
And we were just interested in cleaning up what was going on in the United States.
And I feel very comfortable that we accomplished our goal.
I won't make as much money as I would have if we had not gone bankrupt.
But I still feel good that we put it all together and did the right thing.
I had to raise $8 billion last year to merge Saks Fifth Avenue and Neiman Marcus together.
It took $8 billion of capital, which we raised.
It was a very difficult transaction to get done.
$8 billion.
Money didn't get lost.
The money was used to refinance the business.
The business going forward is going to be profitable.
And the money that got lost was the equity that was put in the company.
So that's my loss and other people's loss.
And, you know, we're sophisticated investors and that's the way it is.
Okay, first one is kind of similar to your philosophy, is you have to have courage.
I call it courage, you call it being bold.
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