Mother Jones 400
April 1996
305. Leon D. Black
Age: 44
State and Town New York, N.Y.
Total Donated $60,000.
Party D
Black, who works for Apollo Advisors, used to head Drexel Burnham Lambert's mergers and acquisitions department. He once declared his purpose in life was to create the robber barons of the future. Black was one of Michael Milken's cronies who got off almost scot-free. Legislation sponsored by Rep. Jack Fields (R-Texas) abolishes the Williams Act, the anti-fraud law used to prosecute Ivan Boesky and Milken. It and other GOP proposals could revive the leveraged-buyout hysteria of the 1980s.
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