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Apr 14, 1989 · Michael Milken agreed today to set aside more than $600 million in assets and post a $1-million bond in connection with wide-ranging racketeering and fraud charges against the former Drexel ...
Feb 13, 2015 · The Drexel diaspora. AP. Drexel Burnham Lambert collapsed in scandal 25 years ago, but alumni of the once-powerful investment bank are now in some of Wall Street’s most powerful posts. The firm ...
Mar 30, 1989 · Employees at Drexel Burnham Lambert in Beverly Hills expressed every emotion but surprise at the news that Michael and Lowell Milken were indicted Wednesday on securities fraud charges.
6 days ago · Michael Milken. Mike Milken joined what became investment bank Drexel Burnham Lambert in 1969 and expanded the market for high-yield junk bonds. He was banned from the securities industry after ...
Pages. 400. ISBN. 978-0-14-012090-5. The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders, by Wall Street Journal writer Connie Bruck, largely recounts the rise of Michael Milken, his firm Drexel Burnham Lambert, and the leveraged buyout boom they helped to fuel in the 1980s.
Feb 19, 2020 · Michael Milken in 1989: the former head of Drexel Burnham Lambert's high-yield junk bond department was sentenced the following year to 10 years in prison after pleading guilty to securities fraud ...
Oct 16, 2015 · October 16, 2015, 1:39 PM PDT. Three Drexel Burnham Lambert employees leaving 60 Broad Street HQs carrying boxes of belongings after company announced irrevocable bankruptcy. Photograph by Richard ...
