Savings and Loan Scandal Michael Milken, Junk Bond King, Charged 3 29 1989 ABC
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I Believe This Was A Video Clip Of ABC News' World News Tonight With Peter Jennings' Report On Savings And Loan Scandal Michael Milken, Junk Bond King, Charged On Wednesday Evening, March 29, 1989.
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@Abreen11 ..much agreed
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Racketeering, conspiracy, insider trading, mail and wire fraud and false tax return preparation ..well unless you had all those and many more similar listed on your resume you won't stand a hope of getting any sort of a job on Wall St....
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Small price to pay for $2 Billion in net worth : D
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mILKEN WAS SET UP, Milken's family owns(as invention, the Milk Can(huh), milken also invented a computer imput technique(similar to but without screen show) to the mouse pen. And had invented it before arrested, Has any one seen my missing 15g or so, i'm still looking for it
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He only spent 2 years in jail.
m015094 1 year ago 5
Two years in jail and a shit load of money stock-piled awaiting his release. The money was perhaps not held in accounts in his name, but in other people's names.
His custom built "winter" home in Incline Village, NV was quite spectacular for its time, and commissioned shortly after his release. It is speculated that Steve Wynn (who also owns a home two doors down from Milken's) paid for its construction with profits from previous Milken/Wynn deals, as another way to conceal money. Amazing!
scienceisgod1 4 months ago