The Predator's Ball : The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders Condition:Like New Derek becomes a ninja-in-training in
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The Predator's Ball : The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders Condition:Like New Derek becomes a ninja-in-training inDuring 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 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
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