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Feb 14, 1990 · February 13, 1990: Drexel Burnham Lambert Group, the holding company, is strapped for cash in the midst of growing turmoil in the junk bond market. Drexel Burnham Lambert Group defaults...
Feb 14, 1990 · Drexel Burnham Lambert Inc., the once-dominant investment house that fueled many of the biggest corporate takeovers of the 1980's, began selling off its securities yesterday, and its parent...
Feb 13, 2015 · Drexel Burnham Lambert, the investment bank famous for high-yield or “junk” bonds, filed for bankruptcy on Feb. 13, 1990 after several years of legal troubles. Drexel’s bond department...
Oct 16, 2015 · Contrast that to the dismal fate of his firm, Drexel Burnham Lambert—bankrupt within months of settling similar charges for a similar amount of money. How did so powerful a firm fall so...
Feb 17, 1990 · IN THE end Drexel Burnham Lambert proved as much a creation of Mr Michael Milken as were so many of the former junk-bond king's nouveau riche clients. The once high-flying Drexel is now bust, just ...
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...
Feb 13, 2015 · Updated February 13, 2015. The Drexel collapse, 25 years later. Drexel Burnham Lambert, the investment bank famous for high-yield or "junk" bonds, filed for bankruptcy on Feb. 13, 1990...
