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。

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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 Burnham Lambert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。

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Others, such as Drexel Burnham, were liquidated.

另一些公司，如德崇证券被清算破产。

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Winnick, a former bond trader with Drexel Burnham, became a fiber czar serendipitously.

FORBES: Global Crashing

We opined that the management skills of the former Drexel Burnham Lambert exec were greatly exaggerated (Sept. 9, 1996).

FORBES: Follow Through

First, Drexel Burnham's Michael Milken made bonds respectable even when a company was highly leveraged and its interest coverage thin.

FORBES: How The Government Subsidizes Leveraged Takeovers