Another diplomatic story; or, how to out-negotiate Henry Kissinger

Paul Nadler, a professor of finance at Rutgers University, writes in the current issue of The Secured Lender about his encounters with famous people, including the time in 1980 when…

Paul Nadler, a professor of finance at Rutgers University, writes in the current issue of The Secured Lender about his encounters with famous people, including the time in 1980 when he and Henry Kissinger were speakers at a program of the Illinois Bankers Association in St. Louis.  Professor Nadler asked the organizer how he was able to get Dr. Kissinger to speak.  As Dr. Nadler tells the story:

The trade executive had called him and asked, "How much will it cost to get you to come to St. Louis?"

He [Dr. Kissinger] answered, "$25,000."

The Illinois executive rejoined: "$15,000 or stay home."

Kissinger in turn responded, "What time does the plane leave?"

And some famous people, Dr. Nadler wrote, were even easier to attract to the podium.  In 1965 he and Barry Goldwater were speakers together, a year after Senator Goldwater had run for the presidency.  He asked the organizer how he got the Senator to speak, and the organizer said, "It was easy.  I dialed area code 802 and his number and he said, ‘Hello.’"

Comments

One response

  1. torridjoe Avatar