TITLE

Cleaning up

AUTHOR(S)
Wagner, B.
PUB. DATE
March 1992
SOURCE
U.S. News & World Report;3/16/92, Vol. 112 Issue 10, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports that the Federal Deposit Insurance Corp. (FDIC) and the Resolution Trust Corp. hired the high-profile New York firm of Cravath, Swaine & Moore to go after Drexel Burnham Lambert Inc. and junk bondsman Michael Milken. Led by power litigators Thomas Barr and David Boies; The firm is likely to make $40 million from the cleanup, courtesy of American taxpayers; The FDIC's board of governors last week rejected a $1.3 billion settlement; Details.
ACCESSION #
9203161034

 

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