Monday, February 07, 2005

The Drexel Alumni

Many of the alumni of Drexel Burnham Lambert today hold top positions across Wall Street. A nice article in the New York times about how the alumni still have fond memories of the time when they used to shake up the financial world: The Drexel Diaspora

Most of the junior bankers chose Drexel over other top-flight banks. They picked it because they thought they could learn more, advance faster, make more money and - corny as it sounds, even on Wall Street - become part of history.

Many former Drexel employees speak glowingly of Mr. Milken. "He's so brilliant, it's like getting near the sun," Mr. Wagner said.

"There's a difference between being very competitive and can-do, and winning at all costs, all costs is costly."
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