The Predators Ball: The Inside Story of Drexel Burnham and the Rise of the JunkBond Raiders by Connie Bruck


The Predators Ball: The Inside Story of Drexel Burnham and the Rise of the JunkBond Raiders
Title : The Predators Ball: The Inside Story of Drexel Burnham and the Rise of the JunkBond Raiders
Author :
Rating :
ISBN : 0140120904
ISBN-10 : 0140120904
Language : Engelska
Format Type : Pocketbok
Number of Pages : -
Publication : Penguin Books; Updated ed. utgåvan (1 Juni 1989)

During the 1980s, Michael Milken at Drexel Burnham Lambert was the Billionaire Junk Bond King. He invented such things as the highly confident letter (Im highly confident that I can raise the money you need to buy company X) and the blind pool (Heres a billion dollars: let us help you buy a company), and he financed the biggest corporate raidersmen 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.


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


  • Andrew Halfacre

    A bit technical for my taste but Connie Bruck does a great job of explaining what happened and why for the lay reader. I'm glad I read it as a useful piece of background.

  • Bondi_Dan

    Was probably relevant in the day, but obsession with minor details of Celebrities left me cold.Don't bother.

  • Seb

    I thoroughly enjoyed reading Predator's Ball. It is well written, full of insights and very captivating.It helps if you have a fundamental understanding of the banking world and the products they trade.For me it only gets 4 stars because the book ends before the grand finale, it doesn't cover Milken's downfall with the indictment by the Grand Jury.

  • Borella

    Brilliant. Very detailed. You need to be interested in financial skulduggery but as such this is excellent.

  • Glenn B.

    Good service & condition. l loved the book a brilliant read.