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The Predators' Ball Study Guide

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by Connie Bruck
About 62 pages (18,452 words)

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Part 3: Chapter 12, Milken's Money Machine Summary and Analysis

There were many people doing junk bond financing by fall of 1986. They would imitate Milken and some times beat him on deals by offering better prices but they could not overtake him and beat him at his own game. Many who started with Milken, like the money managers in the late 1970s, were now running their own funds. Milken would also help people find jobs when they needed them or wanted to make a change. They weren't always at Drexel. He found many people jobs with the different investment funds. People who left Drexel on friendly terms had Milken's assistance finding jobs.

Milken had a lot of pools that he could easily draw upon one of which was Atlantic Capital. The company was involved with.....

This is a free excerpt of 135 words. This section contains 278 words. This study guide contains 18,452 words (approx. 62 pages at 300 words per page).

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The Predators' Ball from BookRags and Gale's For Students Series. ©2005-2006 Thomson Gale, a part of the Thomson Corporation. All rights reserved.

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