Drexel Burnham Lambert

Drexel Burnham Lambert was a major Wall Street investment banking firm, which first rose to prominence and then was forced into bankruptcy in February 1990 by its involvement in illegal activities in the junk bond market, driven by Drexel employee Michael Milken. At its height, it was the fifth-largest investment bank in the United States.

Read more about Drexel Burnham Lambert:  Early History, Business, Downfall, Criticism, Survivors, Former Employees

Other articles related to "drexel burnham lambert, drexel":

Private Equity In The 1990s - LBO Bust (1990 To 1992) - The Collapse of Drexel Burnham Lambert
... Drexel Burnham Lambert was the investment bank most responsible for the boom in private equity during the 1980s due to its leadership in the issuance of high-yield debt ... was first rocked by scandal on May 12, 1986, when Dennis Levine, a Drexel managing director and investment banker, was charged with insider trading ... Exchange Commission initiated an investigation of Drexel on November 17 ...
Drexel Burnham Lambert - Former Employees
... Casparian, former General Counsel for Drexel, retired ... Marc Faber, formerly managing director of Drexel's Hong Kong office, famous for the Gloom Boom Doom investment report "Dr Doom" Steve Feinberg, Cerberus Capital ...
Terren Peizer - Drexel Burnham Lambert
... also known for his role, then only 28 years old, in cooperating "along with other Drexel employees and clients" as a witness in the government's case against Michael Milken and Drexel Burnham Lambert ... to late 1980s which eventually led to guilty pleas from financier Michael Milken and Drexel ... target for any criminal prosecution Peizer was merely a witness, amongst other Drexel employees and clients ...
JLL Partners - History
... LeBow, a 1980s corporate raider and fellow Drexel Burnham Lambert client ... Levy, formerly a managing director, at Drexel Burnham Lambert who focused on corporate restructurings and exchange offers, was recruited to join the firm, which was renamed Gilliam Joseph ... $150 million of capital for buyout transactions from his former firm, Drexel Burnham Lambert ...

Famous quotes containing the words lambert and/or burnham:

    Our duty now is to keep alive—to exist. What becomes of a nation if its citizens all die?
    Dudley Nichols, U.S. screenwriter. Jean Renoir. George Lambert (George Sanders)

    ... black progress and progress for women are inextricably linked in contemporary American politics, and ... each group suffers when it fails to grasp the dimensions of the other’s struggle.
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