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Wielding a majority share of 52%, Boesky installed a new manager and revoked many of the Slatkins' hotel privileges, reportedly including his sister-in- law's use of a poolside cabana and a private table in the Polo Lounge. Last spring the Slatkins filed a lawsuit in Los Angeles federal court, charging that Boesky lost $14 million of the hotel's money in arbitrage deals, among other abuses. "He is the most avaricious, arrogant piece of sewage I've ever met," his sister-in-law says. "We hate each other." This week the hotel will go on the auction block, at a starting price of $100 million. For the Boeskys in particular, the money may come in handy.