(Archived document, may contain errors) 691 February 16,1989 TEN s ABOUT IlEvERAGED BUYOUTS Thomas M. Humbert John M. Olin Fellow ITEM: October 15,19 87. Ways and Means Committee approves a $12 billion tax bill denying the tax deductibility of interest expense for borrowing to undertake what are called hostile acquisitions of corporations. ITEM: October 16,19