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, by Connie Bruck
Download Ebook , by Connie Bruck
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Product details
File Size: 1892 KB
Print Length: 448 pages
Publisher: Simon & Schuster (April 2, 2013)
Publication Date: April 2, 2013
Sold by: Simon and Schuster Digital Sales Inc
Language: English
ASIN: B00B3VOTTI
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Amazon Best Sellers Rank:
#251,321 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
Connie Bruck forged an in-depth exploration of the rise of Michael Milken at Drexel Burnham. His signature product, junk bonds, is vividly dissected for their effects on the marketplace, on individuals buying and selling them, and on the companies whose interests they presumably serve. Each major bond issue by Milken's firm is a case study unto itself. The book is lengthy (it took me months to finish, picking it up several times only to realize I did not have the appropriate time to devote to its completion) but that is the result of the author's attention to multifold details that assemble a rich tapestry telling the story of the major injection of capital into the American economy in the 1980s (aside from mortgage-backed securities).
The subject matter is fascinating, (Michael Milken),yet the author's continuous use of sophisticated vocabulary made the constant look up of definitions on the Kindle annoying. It reduced the ability to stay with the continuity of the story, which is complex, given how many examples of deals, companies, and related individuals were covered. Den of Thieves tells the story with all players involved in such an enjoyably readable way that you can't put it down.
Excellent recount of the events, enjoyable, a little drawn out.Milken was amazing what a brain what drive. Would have liked to have studied at at Wharton or under Milken
Tells the history of junk bonds how they became a large money maker for bond shops
I didn't realize that this book was as old as it is. I was hoping for a more up-to-date history of the Drexel story. The book is very well researched, but due to its very nature, there are quotes taken from numerous "sources" that are un-named.
Good storytelling and faster-paced than Den of Thieves, which has a different focus (insider trading as opposed to Milken’s money machine) and has more specific details of certain elements of the story.
Very well written. Very engaging. It was a fun read. As good a read as Den of Thieves. Very enjoyable.
Good read. If you're interested in the 80's and learning more about the players that took over companies using junk bonds in those days.
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