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portada The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders
Type
Physical Book
Author
Publisher
Year
2020
Language
English
Pages
400
Format
Paperback
Dimensions
21.1x14x2.5 cm
Weight
0.36 kg.
ISBN13
9781982144265
Categories

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

Connie Bruck (Author) · Simon and Schuster · Paperback

The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders - Bruck, Connie

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Synopsis "The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders "

"Connie Bruck traces the rise of this empire with vivid metaphors and with a smooth command of high finance's terminology." --The New York Times "The Predators' Ball is dirty dancing downtown." --New York Newsday From bestselling author Connie Bruck, The Predators' Ball dramatically captures American business history in the making, uncovering the philosophy of greed that dominated Wall Street in the 1980s. During the 1980s, Michael Milken at Drexel Burnham Lambert was the Billionaire Junk Bond King. He invented such things as "the highly confident letter" ("I'm highly confident that I can raise the money you need to buy company X") and the "blind pool" ("Here's a billion dollars: let us help you buy a company"), and he financed the biggest corporate raiders--men like Carl Icahn and Ronald Perelman. 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?

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