Drexel Burnham Lambert
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Drexel Burnham Lambert Inc. was an American multinational investment bank that was forced into bankruptcy in 1990 due to its involvement in illegal activities in the junk bond market, driven by senior
The Drexel headquarters (right) on Wall Street in New York City
Burnham & Co. office in 1971
Michael Milken in 2006. A holdover from the old Drexel, he became the merged firm's head of high-yield securities
Michael Milken
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Michael Robert Milken is an American financier. He is known for his role in the development of the market for high-yield bonds, which led to his reputation as the "Junk Bond King", and his conviction
Drexel Burnham Lambert
…investment bank that was forced into bankruptcy in 1990 due to its involvement in illegal activities in the junk bond market, driven by senior executive Michael Milken. At its height, it was a Bulge Bracket bank, as the fifth-largest investment bank in the United States. The firm had its most profitable fiscal year…
Milken in 2014
Milken in 2018
Milken speaks with PayPal CEO Dan Schulman, 2019.
February 2020 pardon granted by Donald Trump