Dangerous Dreamers by Robert Sobel

Dangerous Dreamers by Robert Sobel

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Summary

An account of recent American capitalism, which puts Michael Milken and his contemporaries into proper historical perspective. It explores the beneficial and disastrous effects of the junk bond era and its impact on both Wall Street and American business in general.

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Dangerous Dreamers by Robert Sobel

There is probably no figure in recent financial history who typifies the culmination of 1980s madness more than Michael Milken, king of the junk bonds. He was the inventor of the $300 billion market in high-risk, high-return securities that transformed the face of Wall Street. His dramatic downfall with a conviction for securities fraud and a 10 year prison sentence is the stuff of fiction This is a detailed and balanced account of recent American capitalism which puts Milken and his contemporaries onto their proper historical perspective, as successors to Charles Merrill, Louis Wolfson, James Ling and T. Boone Pickens. Through historical recreation, direct access to key players in the story, and his thorough research, Sobel has produced a book which explores both the good and the bad effects of the junk bond/LBO era and its future impact on Wall Street and American business.
SKU Unavailable
ISBN 13 9780471577348
ISBN 10 0471577340
Title Dangerous Dreamers
Author Robert Sobel
Condition Unavailable
Publisher John Wiley and Sons Ltd
Year published 1993-05-03
Number of pages 256
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable