Cary J Maultash

Last-minute negotiations are under way to determine whether a pivotal figure in the criminal investigation of Drexel Burnham Lambert Inc. will cooperate with federal prosecutors. The individual is Cary J. Maultasch, 36, a New York-based trader for the investment firm who formerly was a key assistant to Drexel's "junk bond" chief Michael Milken in Beverly Hills.

Last-minute negotiations are under way to determine whether a pivotal figure in the criminal investigation of Drexel Burnham Lambert Inc. will cooperate with federal prosecutors. The individual is Cary J. Maultasch, 36, a New York-based trader for the investment firm who formerly was a key assistant to Drexel's "junk bond" chief Michael Milken in Beverly Hills.