The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the JunkBond Raiders

Bruck, Connie

ISBN 10: 0140120904 / ISBN 13: 9780140120905

Published by Penguin Books, 1989

About this Item

All pages and cover are intact. Dust jacket included if applicable, though it may be missing on hardcover editions. Spine and cover may show minor signs of wear including scuff marks, curls or bends to corners as well as cosmetic blemishes including stickers. Pages may contain limited notes or highlighting. "From the library of" labels may be present. Shrink wrap, dust covers, or boxed set packaging may be missing. Bundled media e.g., CDs, DVDs, access codes may not be included.

Seller Inventory # COLV.0140120904.G

Bibliographic Details

• Title: The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the JunkBond Raiders
• Publisher: Penguin Books
• Publication Date: 1989
• Language: English
• ISBN 10: 0140120904
• ISBN 13: 9780140120905
• Binding: Soft cover
• Condition: good

About this title

Synopsis

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.

About the Author

Connie Bruck has been a staff writer at The New Yorker since 1989 where she writes about business and politics. Her pieces have won multiple awards for reporting and journalism. Her stories have also appeared in The Washington Post, The New York Times, and The Atlantic Monthly. She is the author of three books: Master of the Game, The Predators’ Ball, and When Hollywood Had a King.