Richard Sandler on Witness to a Prosecution: The Myth of Michael Milken Bite-Sized Business Law

American financier, Michael Milken, has been called many things, from the junk bond king to a criminal and a fraud. But he has also been credited as the most important person to alter the financial markets since JP Morgan, with some even estimating that he has created more wealth for shareholders than any financier in modern history. Milken is perhaps best known for his role in the development of the market for high-yield bonds, also referred to as junk bonds, and his conviction and sentence ...