One panellist even drew a parallel with Drexel Burnham Lambert, an investment bank that went from best to bust in short order 20 years ago.
一个研究小组甚至画了一幅同德崇证劵,一个在过去20年里从最好走到最破产的投资银行的平行对比。
They had to deal with crises such as the failures of Drexel Burnham Lambert, which dominated the junk-bond market, and Baring Brothers, a British bank brought low by a rogue trader.
他们必须对付很多危机,比如曾在垃圾债券市场独占鳌头的Drexel BurnhamLambert丑闻,由于一个不肖交易员而使得英国的霸菱银行损失惨重的事件等。
Others, such as Drexel Burnham, were liquidated.
另一些公司,如德崇证券被清算破产。
Some, such as Lehman, have had operating segments bought. Others, such as Drexel Burnham, were liquidated.
例如雷曼公司,就回收了操盘部门,另外的如德崇证券也已经清偿。
The exuberant junk-bond era of the 1980s, when high-yielding debt securities fuelled a wave of takeovers, ended with the bankruptcy in 1990 of Drexel Burnham Lambert, which had dominated the market.
二十世纪八十年代是后保债券最鼎盛的时期,这个时期由高产的债务证券带动的接管的浪潮而开始,以1990年占市场主导地位的德崇证券公司的破产宣告结束。
Mr Matthews hired a team from Drexel Burnham Lambert, the failed investment bank associated with Michael Milken, the junk bond king, and created AIG Financial Products (AIGFP).
马休雇佣了一个来自德崇证券(Drexel Burnham Lambert)的团队,并创建了AIG金融产品公司(AIGFP)。德崇证券是一家与垃圾债券之王迈克尔o米尔肯(MichaelMilken)相关的、破了产的投资银行。
Mr Matthews hired a team from Drexel Burnham Lambert, the failed investment bank associated with Michael Milken, the junk bond king, and created AIG Financial Products (AIGFP).
马休雇佣了一个来自德崇证券(Drexel Burnham Lambert)的团队,并创建了AIG金融产品公司(AIGFP)。德崇证券是一家与垃圾债券之王迈克尔o米尔肯(MichaelMilken)相关的、破了产的投资银行。
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