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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...
- Key Events for Drexel Burnham Lambert
February 5, 1990: Drexel Burnham Lambert Inc. reports loss...
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Feb 19, 2020 · Mr Handler worked with Mr Milken at the investment bank Drexel Burnham Lambert which collapsed in 1990 after Mr Milken’s ... Many don’t realise that thousands of employees lost almost ...
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Feb 6, 2005 · By Jenny Anderson. Feb. 6, 2005. BRENT STEVENS did not sleep on that February weekend in 1990. A newly minted Wharton School M.B.A., Mr. Stevens had recently joined Drexel Burnham Lambert, the ...
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 ...
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.
Dec 24, 1988 · Tension is mounting in the Beverly Hills offices of Drexel Burnham Lambert, home to the embattled securities firm's "junk bond" operation and a staff whose loyalties have been divided sharply in ...
