The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders
| AUTHOR | Bruck, Connie |
| PUBLISHER | Simon & Schuster (02/04/2020) |
| PRODUCT TYPE | Paperback (Paperback) |
Description
"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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Product Format
Product Details
ISBN-13:
9781982144265
ISBN-10:
1982144262
Binding:
Paperback or Softback (Trade Paperback (Us))
Content Language:
English
More Product Details
Page Count:
400
Carton Quantity:
16
Product Dimensions:
5.50 x 1.00 x 8.30 inches
Weight:
0.80 pound(s)
Feature Codes:
Index,
Price on Product
Country of Origin:
US
Subject Information
BISAC Categories
Non-Classifiable | Non-Classifiable
Non-Classifiable | Investments & Securities - Bonds
Non-Classifiable | Corporate & Business History - General
Grade Level:
College Freshman
and up
Dewey Decimal:
332.632
Library of Congress Control Number:
2021301430
Descriptions, Reviews, Etc.
annotation
During the '80s, Michael Milken at Drexel Burnham created the corporate raiders. He was the billionaire Junk Bond King. But, in the corner stood the U.S. District Attorney waiting to file criminal and racketeering charges.
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publisher marketing
"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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