Word: milken
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Dates: during 1990-1999
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...calls since Ellison was one of his top individual donors in last year's election) and is friends with Jack Kemp, who once sat on his board of directors. Jeff Berg, the Hollywood power agent who represents clients like Julia Roberts and Mel Gibson, is a buddy. Michael Milken, the reclusive financier, is an intimate adviser. Ellison, friends will remind you, is the richest man in California...
Ellison has taken his appetite for teamwork outside Oracle, most prominently in a partnership with Milken to develop educational software. Knowledge Universe, a company the two started in 1996, will use computers to help kids (and their parents) learn faster and better. Together, Milken, Ellison and Apple co-founder Steve Jobs make up something of a billionaire boys' club, gathering to talk about Japanese gardening, molecular biology and their favorite flicks over sushi or macrobiotic soup...
...Philadelphia insurance man, LeBow earned an engineering degree at Drexel University and launched his own computer company. A few years later, he had to rescue it with a financial restructuring. In short order, bailouts became his business, backed by the infamous junk bonds of Michael Milken in his heyday...
...from eager to repeat their performance now that their own cases have been settled. So it seems that Keating may have beaten the rap. True, he has served more time than nearly all the major white-collar criminals of the '80s, including notorious junk-bond king Michael Milken, with whom he did hundreds of millions of dollars in deals...
...Milken is still raking it in. Keating is itching to get back on the horse too. He told TIME that he is already considering going back into business should his legal difficulties clear the courts. What sort of business? "I may go back into business--let's just leave it at that." In fact, unencumbered by legal obstacles, there is no reason why Keating could not buy another S&L and start all over again...