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Michael Robert Milken (born July 4, 1946) is an American financier. He is known for his role in the development of the market for high-yield bonds ("junk bonds"), [2] and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws. [3]
May 19, 2024 · Michael Milken, American financier whose ‘junk bond’ operations fueled many of the corporate takeovers of the 1980s. In 1990 he pleaded guilty to six counts of securities fraud and served time in prison. He was pardoned by U.S. President Donald Trump in 2020.
Feb 19, 2020 · Michael Milken, one of America’s greatest financiers, pioneered the use of high-yield bonds in corporate finance. His innovative work greatly expanded access to capital for emerging...
Michael Milken, an investment banker who dominated the junk bond market in the 1980s, was sentenced to jail in 1990 after pleading guilty to a number of securities and tax-related felonies.
Jan 4, 2024 · Michael Milken is a billionaire financier best known as the man behind the junk bond boom of the late 1970s and 1980s. Milken found a way to lend money to riskier companies...
About Michael Milken. Mike Milken joined what became investment bank Drexel Burnham Lambert in 1969 and expanded the market for high-yield junk bonds. He was banned from the securities...
Feb 19, 2020 · President Trump pardoned financier Michael Milken Tuesday. Decades ago, he changed Wall Street when he created the junk bond market. Then he got arrested and turned to philanthropy.
Apr 30, 1990 · A s the presiding financial genius of the Roaring Eighties, Michael Milken pioneered the $200 billion junk-bond market that powered the decade’s epic takeover wars.
Named one of the '75 Most Influential People of the 21st Century' by Esquire magazine, Michael Milken has driven social change with a consistent focus on disrupting - and improving - the status quo. Lifestyles magazine says he has played an "outsized role in American society."
Feb 21, 2020 · Michael Milken cried in court when he pleaded guilty in 1990 to violating US security laws. After his pardon this week by Donald Trump, Wall Street’s one-time junk bond king was...
