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

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Wall Street's Greed Unveiled: The Junk Bond Era

This book is a captivating exposé of the notorious junk bond era on Wall Street during the 1980s. It delves into the rise and fall of Michael Milken and Drexel Burnham Lambert, revealing the motivations behind their actions and the pervasive culture of greed that dominated the era. If you're fascinated by true stories of power, money, and corporate scandals, this gripping account will keep you hooked from start to finish.

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

Regular price $12.23
Unit price
per
ISBN: 9780140120905
Authors: Connie Bruck
Publisher: Penguin Books
Date of Publication: 1989-06-01
Format: Paperback
Related Topics: Finance, Finance, Biography
Goodreads rating: 4.09
(rated by 4089 readers)

Description

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 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? The Predators’ Ball dramatically captures American business history in the making, uncovering the philosophy of greed that has dominated Wall Street in the 1980s.
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Wall Street's Greed Unveiled: The Junk Bond Era

This book is a captivating exposé of the notorious junk bond era on Wall Street during the 1980s. It delves into the rise and fall of Michael Milken and Drexel Burnham Lambert, revealing the motivations behind their actions and the pervasive culture of greed that dominated the era. If you're fascinated by true stories of power, money, and corporate scandals, this gripping account will keep you hooked from start to finish.