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Connie Bruck Chronicles the King of Junk Bonds.

Financial writer Connie Bruck. Her first book, The Predators' Ball: The Junk Bond Raiders and the Man who Staked Them, is a profile of the controversial junk bond financier Michael Milken, and the junk bond department of the investment firm of Drexel Burnham Lambert. Milken's financing schemes, and Drexel Burnham's resources, have been the engine behind many of the hostile takeovers and mergers that have rocked Wall Street over the last six years. Bruck is a reporter for The American Lawyer magazine.

27:07
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Other segments from the episode on June 17, 1988

Fresh Air with Terry Gross, June 17, 1988: Interview with Connie Bruck; Interview with BeauSoleil; Interview with Stuart Allan; Review of the home video series of films "."
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09:14

The Beautiful Maps of Stuart Allan.

Map maker Stuart Allan. Allan is the principal mapmaker of Raven Maps & Images of Medford, Oregon, a company that specializes in wall-sized maps that are both visually striking and technically accurate.

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22:55

Why So Many American Department Stores are Going Out of Business.

Financial reporter John Rothchild. Rothchild's new book, "Going For Broke," is the story of Canadian financier Robert Campeau ("camp-o" with a long "o"). In the space of a few years, Campeau became one of the most powerful retailers in the world, having bought Brooks Brothers, Ann Taylor, Bonwit Teller, Jordan Marsh, Bloomingdales, and Filene's. He acquired his empire with seven billion dollars in loans and junk bonds, and when his empire collapsed, 50,000 creditors were after him and 8,000 workers lost their jobs.

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