Dresner, Milton, 236
Drew, Richard, 269–71
Drexel Burnham Lambert, 17, 21, 53–54, 56–58, 63–65, 115–21, 130–32, 151, 160–63, 187, 201, 222, 227–29, 240–41, 284–85, 306, 319, 330, 333, 336, 338, 341, 344–45, 360, 363, 365, 366, 368, 369–75, 376–77, 384, 387, 390, 394–95, 404, 409–13, 418, 436–40, 450–52, 455, 458–60, 464, 466–67, 478–79, 522, 523, 525, 526, 531, 532–33
bankruptcy of, 505–7, 527
Boesky-Milken arrangement and, 214–15
brokers fired by, 499–500
congressional investigation of, 444, 445
decline of, 499–507
defections from, 499
Diamond Shamrock deal and, 212
factional tension within, 245–46
Harris Graphics takeover and, 219–20
“highly confident” letter of, 133–34, 136–37, 156, 222, 470
high-yield conferences of, see Predators’ Ball
history of, 48–49
Joseph hired by, 48–51
junk bond minicrash and, 505–6
junk bonds celebrated by, 416
“leak thesis” of, 346–47
lobbying by, 255–56
media blitz mounted by, 346, 414–17
Milken sued by, 521
National Can deal and, 126–30
NYSE investigation of, 129
Otter Creek partnership and, 128
Pacific Lumber-Maxxam deal and, 216–17
post-settlement deals of, 498–99
Princeton-Newport and, 406–8
private investigator hired by, 491
RJR deal and, 470–71, 476, 480
SEC investigation of, 431–34
SEC plea negotiations of, 482–83
SEC settlement of, 497
SEC suit filed against, 462
settlement offer rejected by, 477–78
Staley deal and, 245–46
success of, 244–46, 258–59
U.S. Attorney’s negotiations of, 472–74
U.S. Attorney’s plea agreement with, 480–81
Viacom and, 432–33see also specific individuals
Drexel Firestone, 48
du Pont, 98
DWG Corp., 119
Dyson-Kissner-Moran Corporation, 91
Eastman Kodak, 338
Easton, Sheena, 497
Edwards & Hanly, 42–43
E. F. Hutton, 31, 50, 92, 162, 254, 299, 313, 371, 393, 401, 553n
Eichenwald, Kurt, 441
Eisenberg, Lew, 530
Elf Aquitaine, 81, 82, 84–85
Engel, Donald “Donny,” 120, 127, 246, 259–60, 414, 454, 481, 497, 511
Drexel’s rehiring of, 414
high-yield conferences and, 135–38
Joseph’s confrontations with, 130–31, 473–77
Milken and, 120, 131–32, 414
nickname of, 120
Posner and, 121, 130
Epstein, Edward J., 416–17, 441
Esquire, Inc., 294
Evans, John, 256
Evans, Robert, 116
Executive Life Insurance Co., 67, 122, 124, 500
Fardella, Jess, 373, 404, 458, 466, 469, 486–87, 508, 509–11, 512, 516
Farley, William, 120–21, 138, 259, 415, 498, 499, 504
Farley Industries, 121
Farnsworth & Hastings, 118
Far West Financial Services, 504
“Fatico” hearings, 559n
Fedders, John, 79, 272
Federal Bureau of Investigation (FBI), 334
Federal Communications Commission, 232–33
Federal Deposit Insurance Corporation, 521
Federal National Mortgage Assoc., 25
Federal Reserve Board, 418, 506
Federated Department Stores, 501
Fidelity mutual fund, 135
Financial Corporation of America, 67, 227
Financial Corporation of Santa Barbara, 227–29, 319
Finsbury Fund, 257, 342, 458, 489, 512
Fireman’s Fund, 395
First Boston, 25, 26, 33, 73, 108, 111, 124, 133, 155, 172, 173, 245, 248, 258, 470, 501
First Executive Corporation, 130, 257, 521–22
First Manhattan, 42
First Penn Bank, 59
Fischbach Corporation, 121–22, 214, 236, 332, 370, 461, 511, 542n
Fischer, Paul, 286–87, 288, 292
Fishbein, Peter, 453–54
Fiske, Robert B., Jr., 492
Flans, Allen, 223
Fleischer, Arthur, 31, 285
Fleming, Peter, 365, 366, 369, 376, 460, 463, 478–79, 482
Flom, Joseph, 31, 32, 108, 112, 137, 138, 155, 255, 297
Florentino, Carlo, 92, 317, 353
Flumenbaum, Martin, 305–6, 307, 309, 365, 367, 447, 449, 461, 463, 465, 486, 489, 509, 510, 512, 517
Fogelson, James, 147
Forbes, 520
Ford, Gerald, 97
Forstmann, Theodore, 37, 115, 173–74
Fortune, 172–74, 176, 178, 188, 190, 320, 442, 530
Fraidin, Stephen, 47, 98, 103, 105, 228, 339
Franklin, Roland, 161
Fraysse, Jean-Pierre, 86, 93, 278
Freeman, Robert, 142–43, 204, 215, 304–5, 333, 345, 353, 355, 357, 360, 379, 390, 393, 403, 404, 408–9, 412, 417, 425, 431, 437, 453, 463, 469, 484, 485, 491, 492, 496, 507, 530, 531
arraignment of, 384, 389
arrest of, 380–81, 387, 392
background of, 174–75
Beatrice deal and, 201–2, 434–35, 493–96
case dismissed against, 398–99, 402
Coniston deal and, 193–94
Goldman, Sachs support of, 385, 397
government errors and, 385–86
guilty plea of, 495, 545n, 546n
on incriminating tape, 412
indictment of, 395–96
Macy deal and, 199
resignation of, 495
Ritch and, 189–90
SCA deal and, 185–89, 391
sentencing of, 515–16
Siegel’s relationship with, 178, 181–89, 194–95, 196–200, 254
Storer deal and, 194–97, 405–6
Unocal deal and, 197–99
Wall Street Journal article on, 434
Fried, Frank, Harris, Shriver & Jacobson, 31, 47, 98, 228, 264, 278, 279, 285, 292–93, 294, 326–27, 329, 338
Friedman, Stanley, 326, 330, 398
Fruit-of-the-Loom, 415, 498
Fuller, Vincent, 449, 466–67
Gable, Clark, 58
GAF, 222, 388
Gage, Robert, 425, 426
Garcia, Beatrice, 346
Gardiner, Peter, 432–33, 461
G. D. Searle, 145
GE Credit Corporation, 401
GE Financial Services, 390–91
Geneen, Harold, 259
General Electric, 252, 506, 527
DeNunzio as viewed by, 393
Giuliani reassured by, 394
Kidder, Peabody acquired by, 390–94
Kidder, Peabody restaffed by, 400–401
Wigton suspended by, 397
General Foods, 21, 199, 286, 393
Getty, Gordon, 165
Getty, J. Paul, 165
Getty Oil, 165, 167, 171
Gibson Greetings, 97
Gilder, George, 533
Gillette, 413
Gilman, David, 443
Giuliani, Rudolph, 291, 308, 326–27, 330, 338, 379, 380, 383, 396, 397–98, 401, 402, 404, 405, 434, 462, 466, 468–69, 472, 480, 482, 484, 512
Baird appointed by, 404
GE’s reassurance of, 394
Kidder, Peabody meeting of, 391–93
Lynch’s dispute with, 436–38
methods of, 288–90
on “Nightline,” 443
press conference held by, 384
Princeton-Newport raid approved by, 409
public success of, 398–99
Romano’s replacement of, 485
Glanzer, Seymour, 368, 376–77
Gleacher, Eric, 88, 133, 142, 144, 154, 155–56, 159, 244, 246
Criton deal and, 91–92
practical joke by, 89–90
Gluck, Henry, 260
Glucksman, Lewis, 142
Gobhai, Cavas, 133
Goettel, Gerard, 317–18
Golden Nugget, 213–14
golden parachutes, 34
Goldfarb, Sheldon, 318
Goldman, Sachs, 25, 26, 31, 33–34, 48, 87, 132–34, 142–44, 178, 182, 183, 185, 192, 194, 197, 200, 203, 234, 235, 244–45, 246, 254, 259, 308, 311–12, 333, 345, 358, 379, 383, 387, 392, 394–95, 402, 404, 412, 470, 491–94, 500
Freeman’s resignation from, 495
Freeman supported by, 385, 397
“gray list” of, 187
public denial of wrongdoing issued by, 386
“restricted lists” of, 175
Goldsmith, James, 137, 138, 154, 158, 182–84, 186, 187, 260
as Levine’s role model, 159–61
Gollust, Keith, 193–94, 197
Good, Daniel, 299
Goodson, Peter, 173, 360–61, 391
Goodyear, 18, 253
Gordon, Albert R., 25, 26, 30, 35, 36, 108, 178, 179, 189, 192, 247, 250–51
Gordon, John, 30, 189, 191–93, 251–52, 391, 401
Gosden, Freeman, 438
Gould Inc., 31, 166, 236
Grace, Peter, 259
Granados, Frank, 270
Granite Capital, 530
Graphic Scanning, 254
“gray list,” 187
Great Atlantic & Pacific Tea Co., 30
Greed and Glory on Wall Street (Auletta), 142
Greenberg, Alan C. “Ace,” 206
“greenmail,” 115, 127, 181–82, 187, 232, 256
Groupe Bruxelles Lambert, 472, 479
Guinness PLC, 551n–52n
Gulf + Western, 30, 135, 230–34, 236, 294, 332–33, 422, 425, 514
Gulf Oil, 101, 105–6, 118, 171, 180–81, 182, 195
Gulton Industries, 234–35
Guterman family, 264–65
Gutfreund, John, 245
Hadley Lockwood, 154, 155
Haft, Herb, 120
Haft family, 361
Hagman, Larry, 255
Haifa Chemical Co., 498
Hale, William, 406–7, 409, 411, 436, 449, 490
Hall, Fawn, 458
Hammer, Armand, 63
Hammerman, Stephen, 269
Handros, Joseph, 391, 392, 393
Hanson, Mark, 436
Harmon, Reed, 489
Harris, Ira, 31, 32
Harris Corp., 217
Harris Graphics, 218–19, 220, 233
Harvard Club, 109–10, 159, 225
Hayden Stone, 50
“Heard on the Street” column, 179
Helms, Jesse, 232
Hennig, Jeffrey, 19
Hepburn, Katharine, 116
Hercules Inc., 141
Herlihy, Edward, 315–16
Heron International, 235
Heyman, Samuel, 107, 222, 259, 388
Hickman, W. Braddock, 53
“highly confident” letter, 133–34, 136–37, 156, 222, 470
Hill, J. Tomilson, III, 73, 75–76, 77, 84, 152, 155
Levine and, 73–76, 86, 89, 90–91
nickname of, 79
Hitachi, 365, 553n
HMW Industries Inc., 142, 143–44
Hofer, Max, 269, 270, 271–72
Hoffa, Jimmy, 363
Hoffman, Robert, 245
Horowitz, Harry, 223, 481
hostile takeovers, 29, 31–32
“PacMan” defense and, 112–13
House Oversight and Investigations Committee, 347, 444
House Subcommittee on Telecommunications, Consumer Protection, and Finance, 256
Houston Natural Gas, 158
Hovanian, 416
Hudson Funding, 237, 238, 338, 370
Hundley, William, 368, 458, 459
IBM, 97, 521
Icahn, Carl, 115, 130, 137, 138, 171, 229, 230–32, 259, 330, 332, 338, 344, 413, 422, 514
ICH Corporation, 501
Illinois Tool Works, 400
Ingersoll, Ralph, 259, 442–43, 504
Ingersoll Communications, 508
Institutional Investor, 203, 242
Integrated Resources, 499–501, 503
Interallianz Bank of Switzerland, 236
Internal Revenue Service, 350, 407, 408
International Capital Access Group, 497
International Controls Corporation, 199
Internorth, 158
Iran-Contra scandal, 365, 458
Irani, Ray, 211, 260
Irell and Manella, 64
Itek Corporation, 141
Ivac Corporation, 34
Ivan F. Boesky Co., 40, 43, 45, 338
Ivan F. Boesky Corp., 41, 46, 98, 102, 115, 116, 234, 237, 238
Ivan F. Boesky Limited Partnership, 237
I. W. Harper, 48
Jackson, Jesse, 468
Jacobs, Irwin, 120, 259
Jamie Securities, 206, 429
Jefferies, Boyd, 184, 323, 330, 332, 333–34, 338, 344
Boesky’s stocks “parked” by, 394–95
guilty plea by, 394
Jefferies & Co., 102, 333
Jefferies Group, 394
Jefferson National Life Insurance, 86
Jewel Companies, 145–46
Jewish Theological Seminary, 171–72, 420
Johnson, Lyndon B., 363
joint defense agreement, 366
Jones, Day, Reavis & Pogue, 403
Jones, Lisa Ann, 408–10, 434–37, 449–50, 462, 489–90
Joseph, Frederick H., 48, 124, 128, 130, 156, 215, 236–37, 242–43, 253–55, 259–60, 337, 353, 369, 378, 411, 415, 433, 436, 444, 448, 452, 456, 461, 477–81, 485, 490, 497, 558n
background of, 50–51
Boesky and, 117–18
bonus pool and, 243–44
Cogut and, 465
congressional testimony of, 445
Curnin’s cab ride with, 465–66, 471
Drexel’s decline and bankruptcy and, 504–7
Drexel-SEC settlement and, 497
Drexel’s post-settlement deals and, 499–500
Drexel-U.S. Attorney negotiations and, 472–74
Engel’s confrontations with, 130–31, 473–77
Fischbach deal and, 124–25
high-yield conferences and, 134–37, 138
Kay and, 132
Liman and, 474–75
Lynch and, 296, 372, 482
Milken and, see Milken, Michael
Millstein hired by, 413–14
Posner doubted by, 121
press and, 244
Princeton-Newport tapes heard by, 462
RJR deal and, 470–71
secret taping of, 476
Siegel and, 247–50, 354, 360
Staley deal and, 245
Texas International and, 57
Joseph, Steven, 245–46
“junk” bonds, 53, 58, 66, 67, 134, 135–36, 256, 522, 524–25, 529
alternate investments contrasted with, 503
Drexel celebration of, 416
minicrash of, 503–5, 520
1987 crash and, 417–19, 520
Justice Department, U.S., 97, 265, 287, 288, 289, 291, 293, 295–96, 325, 331, 341, 404, 471, 485
plea agreements as negotiated by, 559nsee also U.S. Attorney’s office
Kalb Voorhis, 42
Kalikow, Peter, 235
Kantor, Edwin, 49, 56, 57, 130, 243, 472, 479
Kathy (Siegel’s secretary), 18, 387, 389
Kaufman, Augie, 295
Kaufman, Steve, 509
Kay, David, 56, 116, 133, 138, 157, 159, 160, 162, 229, 246, 248, 252, 253, 254, 285, 296–97, 298
on Boesky, 370
Joseph and, 132
Levine as
seen by, 155–56, 158
Levine’s bonus interview with, 163
Kaye, Scholer, Fierman, Hays & Handler, 383, 404, 453, 492
Keating, Charles, 66, 237, 242, 522
Kekst, Gershon, 388
Keller, Henry, 37
Kelly, Donald, 200
Kerkorian, Kirk, 260
Kerr-McGee, 81, 82, 84–85
Kidder, Henry, 25
Kidder, Peabody & Co., 18, 25, 35, 37, 107–8, 110, 112, 144, 164, 170, 176, 189, 190–91, 193, 202–3, 204, 247, 255, 360–61, 374, 379, 381, 382, 383, 385, 396–97, 495–96, 506, 527, 528
arbitrage department created by, 180–81
in Atlantic article, 176
Beatrice deal and, 202
Continental deal and, 182–85
Disney deal and, 181–82
financial difficulties of, 178–81, 247–48
Fortune article and, 172–74
GE purchase of, 252
GE restaffing of, 400–401
GE takeover of, 390–94
Giuliani meeting of, 391–93
history of, 26–27
personnel exodus from, 401
public denial of wrongdoing issued by, 386
retainer arrangement of, 32–33
St. Regis deal and, 187–89
SEC charges settled by, 400–401
Socal deal and, 181–82
Storer deal and, 195, 198
King, Alan, 101
Kinkead, Gwen, 172, 174
Kirby Vacuum Cleaners, 229
Kissick, John, 56, 133, 460, 472, 474, 477, 479, 480, 498, 505
Kissinger, Henry, 192
Kluge, John, 259
Knapp, Charlie, 67
Knopfli, Hans, 282–83
Kohlberg, Jerome, 120, 200
Kohlberg Kravis Roberts, 115, 143, 168, 195–97, 200–202, 208, 215, 222, 224, 384, 388, 435, 463, 470–71
Kramer, Levin, Nessen, Kamin & Frankel, 301, 394
Krantz, Robert, 179, 391, 392, 393, 394, 400
Kravis, Henry, 115, 195, 196, 200–201, 215, 259, 388, 470–71, 493, 530, 553n
Kroll, Jules, 346, 491, 513
Kroll Associates, 491–92
Kuhn Loeb, 26
Labor Department, Louisiana, 416
Lamas, Fernando, 116
Lasker, Morris “Bunny,” 201, 420–21, 435, 491
Lautenberg, Frank, 256
Lawler, Andrew, 382, 400
Lawyers’ Club, 99
Lazard Frères, 31, 74, 77, 78, 79–80, 82, 141, 148, 149, 156–57, 158, 203, 308, 309–10, 312
Lear Siegler, 18, 253, 255
LeBow, Bennett, 499
Lee, James E., 168–69
Lehman Brothers, 26, 55, 59, 87, 88, 133, 140, 141, 142, 143, 144, 147, 149, 150, 306
Shearson acquisition of, 151
Lenox Inc., 166, 171
Lerer, Kenneth, 440–42, 443, 446–47, 490, 498, 508, 510, 516
Lessman, Lance, 39, 45–48, 101–2, 117, 169, 172, 174, 211, 241, 262–64
Leval, Pierre, 515
Levine, Dennis B., 20, 22, 219, 246, 252–54, 255, 274, 291, 304–5,307–8, 316–17, 320–22, 323, 325, 332, 340, 348, 357, 361, 365, 383, 403, 412, 429, 438, 452, 489, 507, 530–31