Sandler: Milken moved his entire Drexel department from New York to LA in 1978
Richard Sandler · Richard Sandler – The Prosecution of Michael Milken (EP.372) · Mar 4, 2024 · at 9:50
Richard Sandler discusses the early history of Drexel Burnham Lambert and Michael Milken's decision to relocate his high-yield bond trading operations to California.
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“Mike had moved from New York to Los Angeles in 1978, and moved his whole department with him.”
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