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October 2, 2009
How the Prokhorov deal began well before March: Goldman banker Joe Ravitch left by then
Atlantic Yards Report
Surprisingly, a Bruce Ratner claim doesn't seem to add up.
Eliot Brown explained yesterday in the Observer how Nets majority owner Bruce Ratner got in touch with Russian oligarch Mikhail Prokhorov:
His sit-down with Mr. Prokhorov came in mid-July, Mr. Ratner said, during the one time he flew out to Russia to meet with him. “We hired Goldman Sachs,” to search for investors in the team, Mr. Ratner said. Mr. Prokhorov “was in the newspapers, he was someone who was interested in buying a team. So Joe Ravitch at Goldman approached him, and then I flew over there and spent three or four hours over dinner with him, at his house.”However, that sequence had to have begun well before July. Ravitch left Goldman in early March, according to Deal Journal.
Posted by eric at October 2, 2009 11:59 AM