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The Predators' Ball - by Connie Bruck (Paperback)

The Predators' Ball - by  Connie Bruck (Paperback) - image 1 of 1
The Predators' Ball - by  Connie Bruck (Paperback) - image 1 of 1
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Specifications

Number of Pages: 448

Genre: Non-Classifiable

Format: Paperback

Publisher: Simon & Schuster

Age Range: Teen

Author: Connie Bruck

Language: English

Street Date: January 7, 2020
TCIN: 78119726
UPC: 9781982144265
Item Number (DPCI): 247-77-5226

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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