Michael Milken

“When he was inventing deliberately junk bonds at Drexel, Burnham, and Lambert, you knew putting out that much highly leveraged debt would result in many more bankruptcies than before.”

“When we asked us specifically about the dive in a low milk and he acknowledged the fact that Lowell would not have been indicted if it wasn't to bring pressure on his brother.”

“Where traditionally back then the idea was, if you're under investigation, don't talk to the media, don't do anything. You have to have a media policy. You have to basically tell your story. But I would say the number one advice that I would give that we did n…”

“When the judge who sentenced Mike did an analysis of the economic effect of everything Mike led to, put to five different things. She found that the economic effect of four of the things he led to was zero. And the economic effect of the fifth was about 280,00…”

“Part of the deal with the government was they had to get rid of Michael Milken Not only did they have to get rid of Michael Milken, but under the deal they made with the government, no employee of Drexel was allowed to discuss any business matter with Mike.”

“Michael Milken is one of the great Americans alive today. He's pushed forward medicine, finance, education in so many ways with billions of dollars, and has inspired so many of the great leaders now who run our society.”

“None of which, and this is why I go in great detail in the book so people understand how in many ways ridiculous it is, none of which had ever been the subject of a criminal prosecution before or since.”