Sunbeam Corp. chief executive Al J. Dunlap got a good grilling from bankers Tuesday as he sought investors for $2 billion worth of loans.

The controversial CEO, known as "Chainsaw Al" because of his slash-and- burn restructurings, fiercely defended himself and his company's strategy in light of a critical story that appeared in Barron's on June 8, said bankers who attended the meeting in New York. The story suggested Sunbeam's profitability in 1997 was "largely manufactured."

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