Talk:Drexel Burnham Lambert

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Profit Record still stand?

"They made the most profits in one year of any Wall Street firm-$545.5 million in 1986, a record that stands today"? I'm sure someone on this list ([1]) makes a larger net today.--Jerryseinfeld 20:48, 19 Mar 2005 (UTC)

<<Goldman Sachs made an estimated $35 billion in 2006 - 70 x as much with all the leading firms making more than 545 million but its 20 years later.. !!!>>

The link provided in the article regarding the "Jewish connection" hardly seems encyclopedic or NPOV. I don't know if that is a requirement for external links but in any case, I don't feel the link is appropriate for the article.

Date uncertain

One of the primary sources for this article[2] writes "In 1965 Drexel merged with Harriman, Ripley and Company to form Drexel Firestone Inc. That arrangement, however, lasted only two years. With its capital dwindling, Drexel Firestone Inc. merged with the very successful, though relatively unknown, Burnham and Company." 1965+2 = 1967, so I added that date to a paragraph which was unclear on the subject of when Burnham acquired Drexel. Further down the page, however, I find "[Drexel and Company] grew slowly, coasting on historic ties to the larger securities issuers. By the early 1960s, it found itself short on capital. It merged with Harriman, Ripley and Company in 1965,[2] and renamed itself Drexel Harriman Ripley. In the mid-1970s, it sold a 25 percent stake to Firestone Tire and Rubber Company, renaming itself Drexel Firestone." If the last sentence is true there doesn't seem to be enough time between the creation of Drexel Firestone and the 1976 DBL incorporation, so I suspect it isn't. Some interested person needs to resolve this. Andyvphil (talk) 22:18, 28 December 2008 (UTC)[reply]

External links modified

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External links modified

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Salary

the claim about the highest salary ever received is almost certainly false, multiple CEO over the last few years have received compensation in the $300 million range. It might have been the highest at the time, but not in american history. It also seems to turn a metaphor used in the cited NYTimes article and misconstrues it as a statement of fact. --jonas (talk) 14:33, 29 October 2022 (UTC)[reply]