The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 4 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Sandler: Drexel's settlement forced Milken's firing and barred employee contact
“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.”
Sandler: Milken received about 30% of department profits for bonus allocation
“Mike's deal that he'd made from Drexel at a time when it was a very small market was that something like 30, 30 some odd percent of the profits of his department would go to the bonus pool he could allocate.”
Sandler: Drexel financed Turner, Wynn, MCI, and Pulte when Wall Street wouldn't
“Of bonds for companies, and companies such as Ted Turner, Steve Wynn, MCI Communications Pulte Homes, all these companies that could never gotten financing before were now able to get financing and grow, and the market grew from that.”