Dangerous Dreamers: The Financial Innovators from Charles Merrill to Michael MilkenBeard Books, 2000 - 276 páginas The story of the perpetrators of some of the most dizzing and daring financial machinations. |
Dentro del libro
Resultados 1-5 de 46
Página 4
... assets . Both the conglomerateurs of the 1960s and the raiders of the 1980s rec- ognized an imperfection in American capitalism . The separation of man- agement and ownership resulted in a loss of responsibility by the corporate CEO ...
... assets . Both the conglomerateurs of the 1960s and the raiders of the 1980s rec- ognized an imperfection in American capitalism . The separation of man- agement and ownership resulted in a loss of responsibility by the corporate CEO ...
Página 14
... assets , purchas- ing those he considered underpriced and then selling them , often for sub- stantial profits . Once he bought what seemed a hcterogenous collection of fencing , barbed wire , and plumbing parts , for $ 275 , which he ...
... assets , purchas- ing those he considered underpriced and then selling them , often for sub- stantial profits . Once he bought what seemed a hcterogenous collection of fencing , barbed wire , and plumbing parts , for $ 275 , which he ...
Página 15
... assets and which have been all but overlooked by the investing public . Wolfson's strat egy : to buy into the old firm ( secretly registering stock in the names of bro- kers and trusted friends in order to allay suspicions ) , wrest ...
... assets and which have been all but overlooked by the investing public . Wolfson's strat egy : to buy into the old firm ( secretly registering stock in the names of bro- kers and trusted friends in order to allay suspicions ) , wrest ...
Página 17
... the total interest payment $ 20 million . Montgomery Ward had earned $ 34 million the previous year , so there would have been ample assets to cover the interest payments . But even if the loan were granted , who would THE JUNKMAN 17.
... the total interest payment $ 20 million . Montgomery Ward had earned $ 34 million the previous year , so there would have been ample assets to cover the interest payments . But even if the loan were granted , who would THE JUNKMAN 17.
Página 19
... assets plus $ 18 million in cash . Shares of this new company would be distributed on a pro rata basis to the company's shareholders , who now would own two pieces of paper , one for the operat- ing company , the other for the real ...
... assets plus $ 18 million in cash . Shares of this new company would be distributed on a pro rata basis to the company's shareholders , who now would own two pieces of paper , one for the operat- ing company , the other for the real ...
Contenido
The Use of Junk in Corporate Creation and Takeovers | 128 |
Rationalizing Takeovers | 129 |
Beatrice and ITT | 131 |
Plums in Petroleum | 133 |
T Boone Pickens and the New Corporate Raiders | 136 |
Boone Goes Hunting | 138 |
The Gulf War | 140 |
Drexel as Predator King | 146 |
29 | |
32 | |
33 | |
34 | |
James Ling and the Conglomerate Era | 37 |
The Birth of LTV | 38 |
Project Redeployment | 41 |
Golfball Goofball and Meatball | 42 |
The Unraveling | 46 |
Endgame | 49 |
Michael MilkenThe Outsider | 55 |
Creativity on Demand | 58 |
Enter Milken | 62 |
The Academic Foundations of Milkenism | 64 |
The Early Years at Drexel | 71 |
Relationship Trading | 75 |
Invading the Market | 78 |
Weaving the Drexel Network | 81 |
Tom Spiegel and Columbia SL | 84 |
Fred Carr and the Revolution in Insurance | 86 |
Doing Deals | 90 |
The Milken Partnerships | 93 |
Drexels Failures | 95 |
The Early Deals | 96 |
The New Breed | 100 |
The Rise of Ethnics on Wall Street | 102 |
Insider Trading | 107 |
The Yuppie Generation | 110 |
The Rebirth of the Hostile Takeover | 112 |
Blackmail | 116 |
Reinventing America | 121 |
Attacking the Mismanagers | 123 |
The Rise of the Trader | 125 |
The Business Roundtable Battles Back | 147 |
Cameomail from Phillips | 149 |
Dont Go Hunting Without It | 153 |
The Counterattack | 157 |
The Contest for Unocal Begins | 159 |
Fred Hartley Goes to Washington | 161 |
Fueling the Regulatory Fires | 164 |
Unocal Beats Back the Raiders | 165 |
The Takeover Debates | 169 |
The Great Debacle | 172 |
Boesky Talks | 174 |
Giuliani and RICO | 176 |
Targeting Milken | 178 |
The War on Drexel | 179 |
Capitulation | 182 |
Congress Piles on Junk | 183 |
The Crusade Continues | 186 |
The Academic Evidence on Junk | 187 |
Milken Predicts the End of the Junk Era | 191 |
Drexels Demise | 194 |
Crime and Punishment | 198 |
What Was Milkens Crime? | 199 |
The Fatico Hearing | 204 |
In the Court of Public Opinion | 209 |
Prison | 212 |
Demonization | 213 |
The Shadow of AntiSemitism | 215 |
The Verdict on Milken | 217 |
220 | |
Selected Bibliography | 239 |
249 | |
Otras ediciones - Ver todas
Dangerous Dreamers: The Financial Innovators from Charles Merrill to Michael ... Robert Sobel Vista de fragmentos - 1993 |
Términos y frases comunes
acquisitions American April assets bankers became Beverly Hills Boesky Boone Pickens Brady brokerage brokers Business Week capital Carl Icahn cash charges common stock companies conglomerate Corporate crime Dahl deal debt decade default dividends Drexel Burnham Lambert Drexel client earnings equity Executive firm Forbes Fred Giuliani greenmail guilty Gulf Hartley High Yield hostile takeovers Icahn indictment industry insider trading Institutional Investor interest rates investment banks issues James Ling Joseph junk bonds junk financing Justice Department late later leveraged buyout Liman Ling major March ment merger Merrill Lynch Mesa Michael Milken Mike Milken million shares Montgomery Ward mutual funds NYSE offer pension percent period petroleum Phillips plea bargain profits purchase raid raiders raise Salomon securities sell sentence shareholders sold Spiegel stockholders target tender thrifts tion told underwriting Unocal Wall Street Journal wanted Washington Wolfson York
Pasajes populares
Página 25 - And so in our case it has long been our policy and our effort to get our clients, not by chasing after them, not by praising our own wares, but by an attempt to establish a reputation which would make clients feel that if they have a problem of a financial nature, Dr. Kuhn, Loeb & Co. is a pretty good doctor to go to.