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{DOWNLOAD} The Predators' Ball: The Inside Story of Drexel Burnham and the
Rise of the JunkBond Raiders eBook PDF
{DOWNLOAD} The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the
JunkBond Raiders eBook PDF
{DOWNLOAD} The
Predators' Ball: The
Inside Story of Drexel
Burnham and the Rise
of the JunkBond
Raiders eBook PDF
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 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? 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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