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  1. 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.

  2. Apr 1, 2015 · The tale of Drexel Burnham Lambert's unlikely rise, gargantuan heights, and calamitous fall is the story of Wall Street. ... Drexel Burnham—and go after Phillips Petroleum. ... Michael Nagle ...

  3. 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 ...

  4. Feb 14, 1990 · 1976: The Drexel Burnham Group Inc., a brokerage firm, agrees to merge with Lambert Brussels Witter, a subsidiary of Groupe Bruxelles Lambert, Belgium's second-largest holding company, creating ...

  5. Feb 13, 2015 · The Drexel collapse, 25 years later · CNBC. CNBC. Updated Fri, Feb 13, 2015, 10:15 AM. Drexel Burnham Lambert, the investment bank famous for high-yield or "junk" bonds, filed for bankruptcy on ...

  6. Oct 16, 2015 · BY Brett Duval Fromson. 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 ...

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  8. Feb 17, 1990 · The death of Drexel. 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 ...

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