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L F Rothschild Holdings Inc

BUSINESS
December 1, 1987 | BILL SING, Times Staff Writer
Yasuda Mutual Life Insurance Co.'s agreement to buy up to 25% of Paine Webber Group Inc. is the latest in what will continue to be a major push by Japanese financial services firms into U.S. securities markets, analysts said Monday. The Japanese--who have emerged virtually out of nowhere in recent years to become major dealers in U.S.
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NEWS
February 14, 1990 | SCOT J. PALTROW, TIMES STAFF WRITER
The once mighty Wall Street investment firm of Drexel Burnham Lambert started going out of business Tuesday and its parent company later filed for bankruptcy court protection. The company that once was at the center of 1980s merger mania and junk bond finance immediately started selling off its cache of government and mortgage bonds and suspended most trading operations.
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