Trump pardons ex-'junk bond king' Milken, commutes Blagojevich sentence

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President Donald Trump has pardoned former ‘junk bond king’ Michael Milken and commuted the prison sentence of ex-Illinois governor Rod Blagojevich

WASHINGTON - President Donald Trump pardoned seven people on Tuesday including former junk bond king Michael Milken and commuted the sentence of Rod Blagojevich, the ex-Illinois governor convicted of trying to peddle Barack Obama’s vacated U.S. Senate seat.

“That was a tremendously powerful, ridiculous sentence,” said Republican Trump, a real estate developer who produced the show before running for president. Since then he has headed up the non-profit Milken Institute, focusing on a wide span of research, including curing cancer, public health, aging, California and financial markets. Each year the titans of finance flock to the Milken Institute Global Conference, where fund managers and marketers woo prospective investors and philanthropies make pitches for funding.

Kerik, an ally of former New York City Mayor and Trump lawyer Rudolph Giuliani, was a leader in the city’s response to the Sept. 11, 2001, attacks. His career unraveled when he tried to conceal apartment renovations paid for by a contractor that the city had blacklisted because of suspected ties to organized crime.

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