This was back when Drexel was involved up to the gunwales in the junk bond/S&L debacles. One day, his company just folded up shop and disappeared, leaving who knows how many investors in the lurch. He came to work, and knew there was a problem because the building maintenance guy was scraping the name off the door.
I don't know if this nest of vipers is quite a sleazy as they were back then, but the addition of Algore is not encouraging.