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Drexel Burnham Lambert

Drexel Burnham Lambert

Private banking company
Drexel Burnham Lambert Inc. was an American multinational investment bank that was forced into bankruptcy in 1990 due to its involvement in illegal activities in the junk bond market, driven by senior executive Michael Milken. Wikipedia
Ceased operations: 1994
Headquarters: New York, NY
Founded: 1935, New York, NY
Number of employees: 10,000 (1986)
Traded as: NYSE: DBL; DJIA component; S&P 100 component; S&P 500 component