Word: milken
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...judgments. RICO quickly proved a sterling Mob stopper, as dozens of capos like New York City's John Gotti can testify. But when lawyers in the mid-'80s realized how broadly written it was, it mutated wildly. Prosecutors turned it on white-collar criminals like junk- bond-king Michael Milken. Plaintiffs in normal civil suits (a famous one involved litigious rabbis) used it to extract lucrative awards or far better settlements. It was invoked in sexual harassment suits...
...okay to pay our top fees for outside help. The protospecies of the financier could be hired for a fee to come in, clean house, do a little short term restructuring, and sell our for a killing Boesky traded inside, and no one objected to Milken's $550 million base salary for his Junk services...
...have a different president, Boesky has since cleaned bathrooms for 11 cents an hour, and Milken is down to his last $125 million. Those in power now disparage of paying big fees. If the ghost of the generation of excess lives on in baseball, it must be exorcised from the investment world, above all in an academic setting. As an institution that prides itself on critical thinking, Harvard must learn to examine itself and its corporate ethics...
According to Financial World magazine's annual list of the best-paid figures on Wall Street, investor and fund manager George Soros earned $650 million last year. That beat out Michael Milken's record of $550 million...
...advising Miami moneyman and convicted tax cheat Victor Posner on his offer to establish shelters for the homeless in lieu of prison time. Onetime Wall Street legal eagle and insider trader Martin Siegel asked for and received the chore of running a children's computer camp. Securities fraudster Michael Milken is awaiting court approval for his plan to educate inner-city youth, a proposal that appears to have contributed to his early release from prison despite an initial 10-year jail sentence...