The Predators' Ball: The Inside Story of Drexel Burnham and

The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the JunkBond Raiders

During the 1980s, Michael Milken at Drexel Burnham Lambert was the Billionaire Junk Bond King. He invented such things as â‚¬Å“the highly confident letterâ‚¬Â (Iâ‚¬m highly confident that I can raise the money you need to buy company X) and â‚¬Å“the blind poolâ‚¬Â (Hereâ‚¬s a billion dollars: let us help you buy a company), and he financed the biggest corporate raidersâ‚¬"men like Carl Icahn and Ronald Perelman.
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And then, on September 7, 1988, things changed. The Securities and Exchange Commission charged Milken and Drexel Burnham Lambert with insider trading and stock fraud. Waiting in the wings was the US District Attorney, who wanted to file criminal and racketeering charges. What motivated Milken in his drive for power and money? Did Drexel Burnham Lambert condone the breaking of laws? The Predatorsâ‚¬ Ball dramatically captures American business history in the making, uncovering the philosophy of greed that has dominated Wall Street in the 1980s.
Country USA
Brand Penguin
Manufacturer Penguin Books
Binding Paperback
ItemPartNumber 9780140120905
Color Black
ReleaseDate 1989-06-01
UnitCount 1
EANs 8601420200944

The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the JunkBond Raiders