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

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Editorial Review:

Product Description:
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.


Customer Reviews
Average Rating:
Rating: - This is a very honest book about life and how ethnicity on WALL STREET matters!
The Savings & Loan scheme was a creation of Michael Milken and his firm Drexel Burnham. They realized they could sell high risk securities to S&Ls while assuring the S&Ls (correctly) that being FDIC insured they could not lose.

The ultimate cost to the taxpayers (which is to say the Middle Class) was some $150 billion.

Charlie Keating as noted in the "Predator's Ball", when Keating tried, repeatedy, to contact Milken to be part of his group, Milken's secretary would ... Read More

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Rating: - A expose of the Junk Fund King
This author presents a thorough and conclusive account of Mike Milken. The level of depth she was able to provide here is really impressive.

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Rating: - The story of junk bonds in the 1980s
Today the phrase "securities fraud" evokes Enron, WorldCom and Tyco. Two decades ago, it evoked Drexel Burnham Lambert, the investment bank that ruled the junk-bond realm and helped fund some of the most audacious corporate takeovers of the 1980s. Enthroned at the center of Drexel Burnham was the king of junk, Michael Milken. Was he a financial genius who found ever more clever ways to make markets more efficient? Or was he a swindler running the world's biggest Ponzi scheme? New Yorker writer Connie ... Read More

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Rating: - It was just a party! A Very nice one!
I Love this Book and the Brass ones it took to actually write it!
Magic Mike was brilliant! Not so legal, but a genius!
And "The Predator's Ball", was a just a Very expensive weekend party in a bungalow at The Hotel California!
Great story, too bad it will never be a movie!

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Rating: - A Piece That Has What Others Don't.
Highly regarded as one of the finest pieces of business investigative journalism written, Connie Bruck's groundbreaking work on the subject of junk bonds and corporate financing was written during a time when the business press universally admired Drexel Burnham for their ability to turn junk into gold.

You will find this book quite entertaining and comprehensible. A smooth read not filled with too much industry jargon, its nomenclature friendly enough even for the beginner. It highlights ... Read More

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