Drexel Burnham Lambert, Inc. - Relationship Science

Drexel Burnham Lambert, Inc. (extinct)

Overview

Headquarters

14 Wall Street,Suite 1100B,New York, NY 10005

Type of Company

Private

Industries

Agriculture & Mills
Investment Banking & Brokerage

Company Description

Drexel Burnham Lambert was a major Wall Street investment banking firm, which first rose to prominence and then was forced into bankruptcy in February 1990 by its involvement in illegal activities in the junk bond market, driven by Drexel employee Michael Milken. At its height, it was the fifth-largest investment bank in the United States.

In The News

Business Wire

February 13, 2020

Retired Ares Co-Founder John Kissick Steps Down from the Ares Management Board of Directors

Tampa Bay Times

January 16, 2020

Safety Harbor concerned about spa

Tampa Bay Times

January 16, 2020

Wednesday's Markets

Tampa Bay Times

January 16, 2020

Lenders to sell Safety Harbor Spa

Tampa Bay Times

January 15, 2020

Milken's fate hinges on many considerations

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Drexel Burnham Lambert, Inc.

Recent Transactions

Details Hidden

Green Capital Investors LP purchases New Street Capital Corp. from Drexel Burnham Lambert, Inc.

Advisors & Consultants

Legal Advisor

Alan I. Raylesberg

Chair, Securities Litigation & Regulatory Enforcement Practice at Chadbourne & Parke LLP

Legal Advisor

Donald S. Bernstein

Partner at Davis Polk & Wardwell LLP

Legal Advisor

Theodore Altman

Partner at DLA Piper

Non-Profit Donations & Grants

$100K - $500K

2002

Florida State University Foundation, Inc.

$100K - $250K

1993

Central Park Conservancy

$200K - $500K

1991

Central Park Conservancy

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