Excerpt:
Burkle’s usual means of transport is the custom-converted Boeing 757 that Clinton calls “Ron Air” and that Burkle’s own circle of young aides privately refer to as “Air Fuck One.” Clinton himself had arrived on the private plane of another California friend, the real-estate heir, Democratic donor, liberal activist, and sometime movie and music producer Steve Bing, whose colorful private life includes fathering a child out of wedlock with the actress Elizabeth Hurley and suing the billionaire investor Kirk Kerkorian for invasion of privacy, alleging that private investigators for Kerkorian swiped Bing’s dental floss out of his trash in a successful effort to prove that Bing’s DNA matched that of a child delivered by Kerkorian’s ex-wife, the former tennis pro Lisa Bonder. (The suit was later settled out of court.)
http://www.fundinguniverse.com/company-histories/Yucaipa-Cos-Company-History.html
Excerpts:
1) With Berkshire Hathaway putting up half the equity, Burkle's team made a bid--22 percent less than Petrolane's bankers had promised they could get for the company. Burkle was fired the day his bid was rejected.
2) By the early 1990s, Burkle had consolidated his various enterprises into Yucaipa Cos. and was operating his supermarket chains under his Food 4 Less Supermarkets, Inc. subsidiary. Financier George Soros invested $75 million in equity in Food 4 Less, becoming Yucaipa's first outside investor.
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