Drexel Burnham Lambert
Use attributes for filter ! | |
Founders | I W "Tubby" Burnham |
---|---|
Founded | New York |
New York | |
United States | |
Ceased operations | 1994 |
Headquarters | New York |
New York | |
United States | |
Key people | Fred Joseph |
Michael Milken | |
Subsidiaries | Drexel, Burnham, Lambert, Puerto Rico |
Date of Reg. | |
Date of Upd. | |
ID | 1355612 |
About Drexel Burnham Lambert
Drexel Burnham Lambert was an American investment bank that was forced into bankruptcy in February 1990 due to its involvement in illegal activities in the junk bond market, driven by senior executive Michael Milken. At its height, it was a Bulge Bracket bank, as the fifth-largest investment bank in the United States.