On the 15th anniversary of Drexel's demise The New York Times has an interesting article on what happened to those who worked there.
You may have kept tabs on Milken:
"Michael R. Milken, the firm's legendary junk-bond trader, was indicted on 98 charges, including racketeering. He later pleaded guilty to six felony counts, paid $600 million in fines and restitution and served two years in prison
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