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 81
Página 10
... share , and Wolfson and Gerbert sold into the market . Between 1960 and 1962 , they sold 690,000 shares of unregis- tered stock on the open market , for a profit of more than $ 1.6 million . Wolfson conceded that he did make the sales ...
... share , and Wolfson and Gerbert sold into the market . Between 1960 and 1962 , they sold 690,000 shares of unregis- tered stock on the open market , for a profit of more than $ 1.6 million . Wolfson conceded that he did make the sales ...
Página 14
... share prices did not reflect their true value . Wolfson became famous for ferreting out stocks selling substantially below the worth of their net assets . In the 1980s , T. Boonc Pickens , Carl Icahn , and others would think the same ...
... share prices did not reflect their true value . Wolfson became famous for ferreting out stocks selling substantially below the worth of their net assets . In the 1980s , T. Boonc Pickens , Carl Icahn , and others would think the same ...
Página 15
... shares for something under half a mil- lion dollars , which made him MC & S's largest shareholder . A proxy fight ensued , which he and his associates won for three reasons : ( 1 ) they had so large a stake to begin with , ( 2 ) there ...
... shares for something under half a mil- lion dollars , which made him MC & S's largest shareholder . A proxy fight ensued , which he and his associates won for three reasons : ( 1 ) they had so large a stake to begin with , ( 2 ) there ...
Página 16
... shares outstand- ing came to only $ 4.8 million . With permission of the Interstate Commerce Commission , Wolfson bought 46 percent of Capital's shares for $ 20 a share , which came to under $ 2.2 million . He then ousted most of the ...
... shares outstand- ing came to only $ 4.8 million . With permission of the Interstate Commerce Commission , Wolfson bought 46 percent of Capital's shares for $ 20 a share , which came to under $ 2.2 million . He then ousted most of the ...
Página 17
... shares , coming to $ 390 million or so . Or he might have confronted management and offered to sell his shares to them for a profit , this being the " greenmail " approach that became so notorious in the 1980s . Such procedures were ...
... shares , coming to $ 390 million or so . Or he might have confronted management and offered to sell his shares to them for a profit , this being the " greenmail " approach that became so notorious in the 1980s . Such procedures were ...
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.