Title: Banking on fraud
First published: 1993
Description: "In analyzing the fraud-facilitated leveraged buyouts engineered by Michael Milken and the firm of Drexel Burnham Lambert, the author suggests that such buyouts have multiple and extensive consequences for the organization of business and the economy. Zey also demonstrates how ordinary bond trading networks were linked to the extraordinary networks of the Boesky Organizations and Employee Private Partnerships in order to defraud bond issuers and buyers. This book debunks the myth of rational economic organization in the 1980s and establishes broad implications for theories of organizational deviance."--Provided by publisher
Subjects: Junk bonds, Securities industry, Corrupt practices, Drexel Burnham Lambert Incorporated
Places: United States
People: Michael Milken
LC classification: HG4928.5 .Z49 1993