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 55
Página vii
... yield securities and a historical section for one of Drexel's annual reports . The following spring , at Lcvi's invitation , I attended the Drexel Institu- tional Research Conference . There I appeared on a panel dealing with the future ...
... yield securities and a historical section for one of Drexel's annual reports . The following spring , at Lcvi's invitation , I attended the Drexel Institu- tional Research Conference . There I appeared on a panel dealing with the future ...
Página 17
... yield on Baa rated bonds in 1955 was 3.5 percent . Those new Montgomery Ward bonds would be offered to yield 4 percent , making the total interest payment $ 20 million . Montgomery Ward had earned $ 34 million the previous year , so ...
... yield on Baa rated bonds in 1955 was 3.5 percent . Those new Montgomery Ward bonds would be offered to yield 4 percent , making the total interest payment $ 20 million . Montgomery Ward had earned $ 34 million the previous year , so ...
Página 27
... yield on stocks than that available from bonds . They got it . In 1949 , U.S. government bonds yielded an aver- age ... yields . U.S. Steel , one of the top ten high - volume stocks , earned $ 5.40 a share , paid a THE REBIRTH OF WALL ...
... yield on stocks than that available from bonds . They got it . In 1949 , U.S. government bonds yielded an aver- age ... yields . U.S. Steel , one of the top ten high - volume stocks , earned $ 5.40 a share , paid a THE REBIRTH OF WALL ...
Página 28
... yields . American Tobacco and CBS sported P / Es of 9 , and Sears Roebuck's was 8. Both had yields of around 6 percent.1 The most active stocks on the NYSE were not blue chips , but high - risk , low - priced issues . This was because ...
... yields . American Tobacco and CBS sported P / Es of 9 , and Sears Roebuck's was 8. Both had yields of around 6 percent.1 The most active stocks on the NYSE were not blue chips , but high - risk , low - priced issues . This was because ...
Página 33
... yield declined . Thus , they might buy shares at $ 10 with a $ 1 dividend for a yield of 10 percent . If the stock went to $ 20 , the yield would have THE REBIRTH OF WALL STREET 33 The Great Bull Market.
... yield declined . Thus , they might buy shares at $ 10 with a $ 1 dividend for a yield of 10 percent . If the stock went to $ 20 , the yield would have THE REBIRTH OF WALL STREET 33 The Great Bull Market.
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.