After five years of decline, Drexel Burnham Lambert declares bankruptcy and is dissolved. From 1986 onward, two directors were charged with insider trading. The firm faced charges by the Securities and Exchange Commission and pled guilty to stock parking and manipulation.
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After five years of decline, Drexel Burnham Lambert declares bankruptcy and is dissolved. From 1986 onward, two directors were charged with insider trading. The firm faced charges by the Securities and Exchange Commission and pled guilty to stock parking and manipulation.
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Citation
“After five years of decline, Drexel Burnham Lambert declares bankruptcy and is dissolved. From 1986 onward, two directors were charged with insider trading. The firm faced charges by the Securities and Exchange Commission and pled guilty to stock parking and manipulation.,” Drexel Exhibits, accessed April 23, 2024, https://drexelexhibits.omeka.net/items/show/294.