The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders, by Wall Street Journal writer Connie Bruck, largely recounts the rise of Michael Milken, his firm Drexel Burnham Lambert, and the leveraged buyout boom they helped to fuel in the 1980s. See more As the book was published at the apex of the leveraged buyout boom, it was subsequently updated to also address the impending collapse of Drexel Burnham and Michael Milken's conviction on various securities and … See more • Herb Allen, head of investment banking firm Allen & Company • Samuel Belzberg, founder and CEO of First City Financial Corporation See more • "No Target Seemed to Big: The Predators' Ball". The New York Times, July 10, 1988 • "Throwing the Book at Drexel". TIME, June 24, 2001 See more WebJan 1, 1991 · Abstract. Corporate takeovers have become a prominent feature of global business. Merger and acquisition activity in the United States alone climbed from $32 billion in 1980 to $300 billion in 1988, an annual rate of increase of 32 percent. The individual size of these transactions has reached an all‐time high. Any company, whatever its size ...
Junk Raiders 2 - Wikipedia
WebApr 8, 2024 · For example, the Union Pacific 2.375% issue due on May 20, 2031, recently traded at $86.45—or $864.50 per bond—to yield 4.37%. That security will pay $11.875 interest twice a year, and the ... WebApr 11, 2024 · Optimists are winning a tug of war in the junk-bond market as concerns about the immediate effects of last month's banking stress fade. This week, the yield premium investors demand to own low ... show rodes
The Junk Bond Market Is Shrinking in a New Era of Rising Rates
WebFeb 4, 2024 · From bestselling author Connie Bruck,The Predators’ Ball dramatically captures American business history in the making, … WebBuy on Amazon Rate this book The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders Connie Bruck 4.08 3,876 ratings85 reviews During the 1980s, Michael Milken at Drexel Burnham Lambert was the Billionaire Junk Bond King. WebMay 17, 2024 · The yield on junk is historically 4% to 6% above U.S. Treasuries. If you see the yield spread shrinking below 4%, it's probably not worth the added risk. to invest in junk bonds. One more... show roles