In 1969, while studying at the University of Pennsylvania's Wharton School of Finance, Milken joined Drexel Burnham Lambert. Two years later, he became head of the company's bond trading department.
In 1982, he moved to the brokerage industry, beginning a career in institutional municipal sales with Drexel Burnham Lambert.After leaving Drexel in 1989, he continued his career in Sales with Kidder ...
Michael Milken, 78, pioneered using high-yield bonds to finance corporate takeovers as an executive at Drexel Burnham Lambert ...
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