Who is peter ackerman

Add it to your IMDb page. Find out more at IMDbPro ». How Much Have You Seen? How much of Peter Ackerman's work have you seen? User Polls Let us quest! Favorite Animated Franchise? Nominated for 1 Primetime Emmy. See more awards ». Known For. The Americans Producer. Ice Age Writer. Stewart's "Den of Thieves". From when he first contacted KKR on behalf of Milken, to when the LBO business virtually collapsed overnight, Ackerman generated many billions of dollars in fees for the company, and when the crunch finally came with the Black Monday stockmarket crash in October in the midst of the take-over battle for RJR-Nabisco, he designed a scheme which saw Drexler and KKR win the tobacco-food company by issuing an 'innovative' form of 'reset bonds' - which had special obligations and variable interest rates tied to corporate performance.

These reset bonds later came to haunt the RJR Nabisco deal when high-debt companies suddenly faced new problems, and they are credited with responsibility for what was almost "the largest corporate collapse" in American corporate history. During February , the terms of the RJR Nabisco bonds timed-out and needed to be renegotiated in markets unwilling to lend.

But at the end of the s, especially late onwards, Milken was also fighting government security-fraud charges, and Ackerman had taken over most of Milken's duties.

The prosecutors also threatened to go after Milken's family and associates with RICO charges which forced Milken to deal with the prosecutors. From March , when Milken was formally indicted on 98 counts of racketeering and securities fraud, Ackerman virtually ran the company.

His mother is actress Elinor Donahue, and his late father was television producer Harry Ackerman. Peter's birth ended up tying him into two of his future vocations.

With his parents it was almost a given that he would work in the television industry, but See full bio ». Filmography by Job Trailers and Videos.

Share this page:. Around The Web Provided by Taboola. Do you have a demo reel? H M S In the news. Luke McKenna. Ackerman was born in New York and graduated with a degree in political science at Colgate University.

Ackerman turned to business when he took a job at Drexel Burnhan in The devout Christian is said to live a relatively frugal life. Ackerman is notoriously secretive, rarely granting media interviews. But his name was tarnished when Drexel filed for bankruptcy in Ackerman brushed himself off during the 90s, when he set up private investment firms Rockport Capital, in London, and Crown Capital in the US.

Fresh Direct has been a great success but he has seen his fair of failure, too.