Doesn't ring a bell with me. There was an issue with some M20 motors where the oil spray bar bolts would loosen and end up laying somewhere in the engine's top end. Don't recall hearing anything about the M60/62 like that.
M60s and maybe M62s had a problem with the bolts holding the oil pump in the block that would loosen and fall out. That one is real. See here:
http://bimmer.roadfly.com/bmw/forums/e38/6629081-1.html
http://www.kindel.com/bmw/faq/540is_faq.htm
http://strictlybmw.com/newsletter/im.../v8oilpump.htm
There are many references discussing this problem. I just pulled up a couple to give you the flavor of it.