Linda’s Reviews > The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders > Status Update
Linda
is on page 84 of 400
“Many, too, were mesmerized by Milken’s brilliance and awed by his sense of mission. The group was not unlike a cult: intensely secretive, insular, led by a charismatic and messianic leader who many of his followers came to see as larger than life.”
— Jun 24, 2026 04:59AM
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Linda
is on page 96 of 400
Explains the M&A wave, “triggered in part by the market cream of 1974, which created abundant bargains. Then inflation swelled the value of corporate assets, but the stock prices did not rise to reflect those values. So it became much cheaper to buy a company than to build one.” Like residential real estate and the renovation market.
— Jun 24, 2026 05:05AM
