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  1. Drexel Burnham Lambert Inc. was an American multinational investment bank that was forced into bankruptcy in 1990 due to its involvement in illegal activities in the junk bond market, driven by senior executive Michael Milken.

  2. Apr 1, 2015 · The tale of Drexel Burnham Lambert's unlikely rise, gargantuan heights, and calamitous fall is the story of Wall Street. A quarter of a century after Michael Milken wept in court as he...

  3. Mar 12, 1990 · There is usually a rough justice in life, but only in novels is it as swift and direct as the fate that overtook Drexel Burnham Lambert Group when it declared Wall Street's largest bankruptcy...

  4. May 21, 1990 · Contrast that to the dismal fate of his firm, Drexel Burnham Lambert -- bankrupt within months of settling similar charges for a similar amount of money. How did so powerful a firm fall...

  5. Although Drexel Burnham Lambert Inc. said yesterday that a bankruptcy filing by the firm would be framed under Chapter 11 of the Federal Bankruptcy Code, a provision intended to give a...

  6. Feb 14, 1990 · The rapid demise of Drexel Burnham Lambert has shocked Wall Street and roiled world markets, but some people connected to the investment firm's fabled Beverly Hills office say they have...

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  8. Feb 14, 1990 · Drexel Burnham Lambert Group defaults on $100 million loan and files for Chapter 11 bankruptcy protection.

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