Michael Milken

Michael Robert Milken is a prominent American financier who almost single-handedly created a market for junk bonds during the 1970s. After he was sent to prison on finance-related charges, he became the epitome of Wall Street "greed" during the 1980s, and was nicknamed "The Junk Bond King."

Related Topics:
American - Junk bonds - 1970 - Prison - Wall Street - 1980

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After he served his sentence, Milken launched a public relations campaign to cast himself as a great innovator and financier, while smoothing over his criminal record. He has also devoted much time and money to charity, leading some observers to accuse him of trying to buy back his good name, though his supporters point out that his philanthropy goes back to the 1970s, long before any controversy.

Related Topics:
Public relations - Charity

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