James B. Stewart's 'Den of Thieves' chronicled how Milken and others created a lucrative insider-trading ring in 1980s New York, pocketing billions in the process.
Stewart called Milken"a potent symbol of the 'greed is good' 1980s and arguably the most significant white-collar criminal of his generation." His pardon, Stewart added, sent two messages:"When it comes to justice, money counts. And white-collar crime doesn't really matter."
Stewart pointed out similarities between Milken and the president, suggesting it is"not hard to fathom" why the financier's case would interest Trump." Both have also been disruptive forces—Milken on Wall Street and Trump in Washington, D.C.—and both were even represented by lawyer Alan Dershowitz.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Trump pardons Michael Milken, face of 1980s insider financial scandalsMilken, 73, originally was sentenced to 10 years in prison, but that punishment was later reduced to two years locked up after he cooperated with federal investigators.
Les mer »
Trump Pardons Michael Milken, Commutes Sentence of Rod BlagojevichPresident Trump commuted the prison sentence of former Illinois Gov. Rod Blagojevich and pardoned financier Michael Milken, the onetime “junk bond king.” He also pardoned former New York Police Department Commissioner Bernard Kerik and former San Francisco 49ers owner Edward DeBartolo Jr.
Les mer »
Trump pardons junk bond king Michael MilkenPresident Trump said that he was granting clemency to Michael Milken, the legendary bond king from the 1980s who served several years in prison for violating securities laws and has since become a prominent philanthropist.
Les mer »
Trump pardons Michael Milken, face of 1980s insider trading scandalsPresident Trump also granted executive clemency Tuesday to former NYPD commissioner Bernard Kerik, former Illinois Gov. Rod Blagojevich and ex-San Francisco 49ers owner Eddie DeBartolo Jr.
Les mer »
Trump commutes Blagojevich sentence, pardons junk bond king MilkenPresident Donald Trump pardoned Michael Milken and six other people on Tuesday, and commuted the prison sentence of ex-Illinois governor Rod Blagojevich
Les mer »