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Slight foxing on book ledge Simon and Schuster, 1988, 385 pages As the book was published at the apex of the leveraged buyout boom, it was subsequently updated to also address the impending collapse of Drexel Burnham and Michael Milken's conviction on various securities and reporting violations. The title of the book is a reference to an event that Drexel Burnham hosted annually.[1][2] Among the participants in the Predator's Ball were an array of private equity investors, corporate raiders such as Ron Perelman and Carl Icahn as well as institutional investors in high-yield bonds and management teams from companies that either had been or would be the targets of leveraged buyouts. Michael Milken reportedly offered to pay the author for all of the copies of the book that would have been sold in exchange for stopping her work on Predators' Ball.[2]
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by: Connie Bruck
Overview
During the 1980s, Michael Milken at Drexel Burnham Lambert was the Billionaire Junk Bond King. He invented such things as "the highly confident letter" (I'm highly confident that I can raise the money...
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