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Michael Milken
Michael Milken Net Worth is $2.1 Billion. Michael Milken is a California-born businessman and convicted felon with an estimated net worth of $2 billion dollars. Michael Milkenis most widely known for his role in the creation of junk bonds and was in. Michael Robert Milken (born ...

Michael Milken Net Worth is $2.1 Billion.

Michael Milken Net Worth is $2.1 Billion. Michael Milken is a California-born businessman and convicted felon with an estimated net worth of $2 billion dollars. Michael Milkenis most widely known for his role in the creation of junk bonds and was in Michael Robert Milken is an American business magnate, financier, and philanthropist noted for his role in the development of the market for high-yield bonds during the 1970s and 1980s, for his 1990 guilty plea to felony charges for violating US securities laws, and for his funding of medical research.
Milken was indicted on 98 counts of racketeering and securities fraud in 1989 as the result of an insider trading investigation. After a plea bargain, he pled guilty to six securities and reporting violations but was never convicted of racketeering or insider trading. Milken was sentenced to ten years in prison and permanently barred from the securities industry by the Securities and Exchange Commission. After the presiding judge reduced his sentence for cooperating with testimony against his former colleagues and good behavior, he was released after less than two years.
His critics cited him as the epitome of Wall Street greed during th...
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Michael Milken Latest News

One of the greatest trades of all time

Drexel grew to fame over the decade under junk-bond pioneer Michael Milken, but collapsed in scandal in February 1990. Twenty-five years later, Drexel alumni are now in some of Wall Street's most powerful posts. Read More Where are they now? The Drexel ...
Posted: May 22, 2015, 5:36 am

Guess Who Was Not Invited to Sumner Redstone’s 92nd Birthday Party

Tony Bennett and financier Michael Milken are included in the guest list. Guess who was not invited? According to the Hollywood reporter, “a bigger event was planned to take place on Viacom’s Paramount studio lot, but sources say this tribute to ...
Posted: May 21, 2015, 7:26 am

The Marriage Book: Centuries of Advice, Inspiration, and Cautionary Tales from Adam and Eve to Zoloft

The Crime and Punishment of Michael Milken and Pre-Pop Warhol. As a screenwriter, he has written for Robert De Niro, Paul Newman and PBS. On the Web, he co-founded Bookreporter.com. From 1997 to 2002, he was Editorial Director of America Online.
Posted: May 21, 2015, 7:01 pm

The CoupGate Files #1: The Folks Who Smeared the Clintons the First Time Around

Thus a Pulitzer-Prize-winning financial journalist whose previous book had pilloried junk-bond savant Michael Milken somehow failed to see any problems in McDougal's handling of Whitewater. He ignored the Pillsbury Report's findings altogether, along with ...
Posted: May 23, 2015, 4:07 pm

A 'villain' of the financial crisis is trying to make a comeback, and Wall Street can hardly believe it

That said, people have made comebacks on Wall Street before. Michael Milken, the storied rainmaker of the junk-bond firm Drexel Burnham Lambert, ran afoul of the law 25 years ago and is now a philanthropist and thought leader on the Street. So the ...
Posted: May 19, 2015, 1:10 pm
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