Word: lambert
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...event on Wall Street in the '80s was more artfully avaricious than the payout of over $250 million in employee bonuses shortly before the collapse of Drexel Burnham Lambert. The bonus bonanza -- which totaled more than twice the amount of the debt on which Drexel defaulted -- helped push the firm over the edge, as it struggled with mounting lawsuits over the dealings of its junk- bond division. Now the reorganized company is suing the recipients of its largesse to recover the loot...
...have the goals to reduce property taxes, get equalized support from all communities, and to bring stability to our [K-12] system," Lambert said...
State Rep. Edward Lambert Jr. (D-Fall River) presented the Joint Committee of Education's plan. He stressed the importance of funding to any reform plan...
Precinct 3: Miller's River Apartments, 15 Lambert...
...skeptics still doubt that the 1980s were an era of mindless greed on Wall Street, Dennis Levine's account of his rise and fall as an inside trader should set them straight. Levine, a megadeal meister for the now bankrupt Wall Street firm Drexel Burnham Lambert, raked in more than $10 million through the simple expedient of buying and selling stock with the help of inside tips. Arrested in 1986 and jailed for 17 months in a minimum-security prison, he led prosecutors to arbitrager Ivan Boesky, who, in turn, helped them reel in the biggest fish of all -- junk...