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Renegades Of Junk: The Rise And Fall Of The Drexel Empire

TedTed
in Off-Topic
FYI: The tale of Drexel Burnham Lambert's unlikely rise, gargantuan heights, and calamitous fall is the story of Wall Street. A quarter of a century after Michael Milken wept in court as he apologized for securities fraud, Drexel's cast of characters, ideas, and attitude may be as influential as ever. The people who turned a second-rate investment bank into a money machine, the trillion-dollar market for junk bonds they spawned, and their swagger during the investigation that brought them down helped make global finance what it is now.
Regsards,
Ted
http://www.bloomberg.com/graphics/2015-drexel-burnham-oral-history/

Comments

  • PuddnheadPuddnhead
    Great post, Ted!
    Long has it been since I've heard that name. Funny, though....you would have thought he would have had a better toupee.
    the Pudd
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