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Barbarians at the Gate: The Fall of RJR Nabisco Highlight

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With Drexel’s demise, and the guilty pleas of financial titans Ivan Boesky and Michael Milken in the insider-trading scandals, popular opinion turned strongly against Wall Street and the unfettered greed of the 1980s. That backlash, combined with deteriorating financial fundamentals, effectively spelled the end to an era unlike any Wall Street has ever seen.

— Bryan Burrough and John Helyar

Replicated under Fair Use from Barbarians at the Gate: The Fall of RJR Nabisco by Bryan Burrough and John Helyar. (Pg. 512)