Hints and tips:
...He resigned as chief executive of Apollo Global in March following an independent investigation into his business links with the late sex offender Jeffrey Epstein, and stepped down as chair of New York’s...
...But after his father’s death in 1975 at the age of 53, Black took a job with Drexel Burnham Lambert....
...Harris spent most of his career at Apollo, the private equity firm founded in 1990 by billionaire financier Leon Black with a group of partners from the failed Drexel Burnham Lambert investment bank....
...Smart reads Back on the stand Drexel Burnham Lambert wunderkind Terren Peizer stayed out of trouble by testifying against his former boss Michael Milken....
...Since the pandemic interruption, hedge funds and private equity firms — many founded by Milken’s underlings at the defunct Drexel Burnham Lambert — have prospered as asset prices soared to all-time highs...
...Jeffrey Epstein was a sexual predator who died in jail while awaiting trial on charges of serial offences against underage girls....
...Black, Rowan and Harris met in the 1980s at Drexel Burnham Lambert, which had dominated the junk bond market under Michael Milken....
...Mr Black and several other former employees of investment bank Drexel Burnham Lambert formed Apollo in 1990....
...Mr Black worked as a management consultant, and then in publishing, before landing at second-tier investment bank Drexel Burnham Lambert....
...It is led by 69-year-old Leon Black, who established Apollo with fellow refugees from Drexel Burnham Lambert, the investment bank that collapsed in 1990....
...The group was built up by refugees from Drexel Burnham Lambert, the junk bond house that imploded in 1990 after criminal charges were filed against its executive Michael Milken....
...Rowan once recalled that, when he arrived in 1985 at Drexel Burnham Lambert, the investment bank where he met Black, he thought, “God, I’m just too late. All the money’s already been made.”...
...Insuring the future Rowan’s early exposure to investment and insurance was at Drexel Burnham Lambert in the 1980s....
...She counted Drexel Burnham Lambert as one of her best customers in the late 80s, writes the FT’s Madison Darbyshire....
...Jeffrey Saferstein, a lawyer at Paul Weiss who represented the parent Caesars company controlled by Apollo and TPG and who is the longtime outside counsel to Apollo, responded: “I have been a restructuring...
...Alvarez & Marsal, a US-based consulting firm, has hired Peter Gougousis and Jeffrey Jones to its global transaction advisory group....
...“People don’t vote for change, especially if it’s going to make them poorer,” Mr Lambert said....
...He initially showed little interest in megamergers of the kind Pfizer carried out in the prior decade with Wyeth and Warner-Lambert....
...Accompanied by adviser Jeffrey Deitch, he bought three paintings by Mira Dancy at Los Angeles’s Night Gallery, for a project show planned for Yuz....
...The initial spark that led to high-yield bonds’ makeover came from a now defunct US investment bank called Drexel Burnham Lambert, which Michael Milken, a senior Drexel executive, transformed into a junk-bond...
...Jeffrey Kindler, who became Pfizer’s chief executive, benefited from Lipitor’s expansion to be the world’s top-selling drug with $13bn in annual revenues....
...Richard Jeffrey, Cazenove: House prices remain too high if interest rates are set to normalise....
...Richard Lambert, former MPC member: Since no one has properly explained what’s happened to the labour market in 2012, it’s hard to say what might happen in 2013. A bit more of the same, probably....
...Richard Lambert, former MPC member: The possibility of Britain leaving the EU does have worrying implications for the economy....
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