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Former Drexel Burnham Lambert Junk Bond Salesman
Salesman in Michael Milken's Beverly Hills high-yield bond operation who pleaded guilty to securities fraud
James Dahl was a junk bond salesman who worked in Michael Milken's Beverly Hills high-yield bond department at Drexel Burnham Lambert. He pleaded guilty to securities fraud for his role in illegal trading schemes emanating from Milken's operation. He was one of several Drexel salesmen and traders prosecuted for participating in the systematic misconduct that characterized the Beverly Hills office, which functioned as the nerve center of the 1980s junk bond and insider trading conspiracy.
Participated in illegal trading schemes in Milken's Beverly Hills operation
Pleaded guilty to securities fraud
1 documented violations
15 U.S.C. § 78j(b)Boss at Drexel's Beverly Hills high-yield bond department
Fellow Drexel trader in Milken's operation; convicted of perjury
Fellow Drexel trader in Milken's operation; convicted of racketeering
1 documented sources from official records, investigations, and reports
1985-1989
Works as junk bond salesman in Milken's Beverly Hills operation at Drexel
1990
Pleads guilty to securities fraud