Michael Milken
FameRank: 4

"Michael Robert Milken" is an American former financier and philanthropist. He is noted for his role in the development of the market for High-yield debt/high-yield bonds ("junk bonds"), for his conviction following a guilty plea on felony charges for violating U.S. securities laws, and for his charitable giving.

Milken was indicted for racketeering and securities fraud in 1989 in an insider trading investigation. As the result of a plea bargain, he pled guilty to securities and reporting violations but not to racketeering or insider trading. Milken was sentenced to ten years in prison, fined $600 million, and permanently barred from the securities industry by the Securities and Exchange Commission. His sentence was later reduced to two years for cooperating with testimony against his former colleagues and for good behavior.

His critics cited him as the epitome of Wall Street greed during the 1980s, and nicknamed him the "Junk Bond King".

More Michael Milken on Wikipedia.

What Sheldon did by seeing what the convention center could do for the hotel was unique in my 30 years of doing business in Vegas.

Even if we could reduce deaths from one disease, like ovarian cancer, the return on investment would be priceless.

For those of us who have lost loved ones in their prime - as I did when my father and other relatives succumbed - even one of those years would have been a precious gift.

Dedicated researchers seek better treatments and cures for diabetes, kidney disease, Alzheimer's and every form of cancer. But these scientists face an array of disincentives. We can do better.

Almost like a classical Greek story -- a rise to a very powerful position, and then the fall.

This provides something that is readable for the layperson and has been vetted by some of the top scientists. It helps you separate the misinformation.