In the shadowy world of Wall Street, one firm emerged as a force to be reckoned with. Drexel Burnham Lambert was its name, junk bond kingpin by day and mastermind by night. For decades, the firm's leaders, including financier James Drexel and investment banker Robert Hubbard, orchestrated a series of high-stakes deals that would make even the most seasoned investors take notice.

The Predators' Ball, as it came to be known, was an exclusive gathering of the city's elite, where these junk bond barons would mingle with other Wall Street luminaries. It was here that they hatched plans for the infamous junk bond market, a lucrative but high-risk business that would put their reputation on the line.

In The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the JunkBond Raiders, author John C. O'Shaughnessy brings to life the fascinating world of these daring financiers. Through intimate interviews with former employees and a deep dive into financial records, O'Shaughnessy uncovers the machinations behind the junk bond market's meteoric rise and its subsequent downfall.