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

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

By Connie Bruck

During the '80s, Michael Milken at Drexel Burnham created the corporate raiders. He was the billionaire Junk Bond King. But, in the corner stood the U.S. District Attorney waiting to file criminal and racketeering charges.

READ FULL DESCRIPTION

Quantity Price Discount
List Price $18.00  
1 - 24 $15.30 15%
25 - 99 $12.60 30%
100 - 499 $11.70 35%
500 + $11.34 37%

Quick Quote

Lorem ipsum dolor sit amet, consectetur adipisicing elit

Non-returnable discount pricing

$18.00


Book Information

Publisher: Simon & Schuster
Publish Date: 02/04/2020
Pages: 400
ISBN-13: 9781982144265
ISBN-10: 1982144262
Language: English

Full 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?

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.

Learn More

We have updated our privacy policy. Click here to read our full policy.