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The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders
by Connie Bruck
from Penguin (Non-Classics)
Customer Reviews:
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Avg. Customer Rating: 4.0 / 5.0 
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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 just say: "You are... more info
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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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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 Bruck... more info
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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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