Only later did he and other investment bankers at Drexel Burnham Lambert, followed by those of competing firms, begin organizing the issue of bonds that were speculative grade from the start.
Foi máis tarde cando el e outros banqueiros investidores en Drexel Burnham Lambert, seguidos por aqueles de firmas competidoras, comezaron a organizar a emisión de bonos que estivesen en grao especulativo desde o inicio.