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  1. Feb 13, 2015 · Edwin Kantor, the onetime head of trading at Drexel Burnham Lambert, told The New York Times in 1995, “People used to be afraid to put Drexel on their résumé.”. “Now they want it to be there.”. Today, 25 years after Drexel collapsed, alumni of the investment bank occupy some of the most powerful positions in finance.

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      Denise Sturm, the former human resources director who helped...

  2. Feb 19, 2020 · Mr Handler worked with Mr Milken at the investment bank Drexel Burnham Lambert which collapsed in 1990 after Mr Milken’s arrest and conviction led to insurmountable reputational damage for...

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  4. Apr 1, 2015 · Except for the craziness of the investigation, I think the firm did some of its very best work. … RJR Nabisco Drexel worked on Kohlberg Kravis Roberts & Co.'s record-breaking leveraged buyout of ...

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  5. 10,000 (1986) [1] Drexel Burnham Lambert Inc. was an American multinational investment bank that was forced into bankruptcy in 1990 due to its involvement in illegal activities in the junk bond market, driven by senior executive Michael Milken. At its height, it was a Bulge Bracket bank, as the fifth-largest investment bank in the United States.

  6. Feb 14, 1990 · The parent, the Drexel Burnham Lambert Group Inc., filed for protection from its creditors under Chapter 11 of the Federal Bankruptcy Code late last night, a few hours after the company's board ...

  7. Mar 12, 1990 · (FORTUNE Magazine) – FREDERICK JOSEPH, the head of Drexel Burnham Lambert, was precisely where no corporate executive wants to be when bad news hits -- out of the office.

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