Monday, October 02, 2017

Calling bullshit on ex-con Milken..........

My legacy isn't any one asset class like junk bonds.  It's the understanding of capital structure and how best to finance companies that create jobs and drive change.

Michael Milken
Financier and Philanthropist


That is all good, it's called selective memory.  I wish I could've gotten a handful of those side-pocket sweetheart deals via warrants in junk offerings myself.   For the 10,000 proud flag-waving employees of Drexel Burnham Lambert it's a different story about your legacy.

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